Prada (OTCMKTS:PRDSF) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Prada S.p.A. (OTCMKTS:PRDSFGet Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $7.34 and traded as high as $8.90. Prada shares last traded at $8.85, with a volume of 1,627 shares changing hands.

Prada Price Performance

The company has a 50-day simple moving average of $7.89 and a 200 day simple moving average of $7.35.

About Prada

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Prada S.p.A. designs, produces, and distributes leather goods, footwear, and ready to wear products worldwide. The company offers its products under the Prada, Miu Miu, Church’s, and Car Shoe brands. It operates in food sector under the Marchesi 1824 brand, as well as sailing races business under Luna Rossa brand name; eyewear and fragrances sector under licensing agreements; and engages in the real estate business.

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