Salvatore Ferragamo (OTCMKTS:SFRGF) Stock Crosses Below 200 Day Moving Average – Here’s Why

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGFGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $8.22 and traded as low as $7.05. Salvatore Ferragamo shares last traded at $7.05, with a volume of 300 shares.

Salvatore Ferragamo Price Performance

The company has a 50-day simple moving average of $6.84 and a 200 day simple moving average of $8.22.

About Salvatore Ferragamo

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Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women in Italy, rest of Europe, North America, Japan, the Asia Pacific, and Central and South America. It offers men's and women's footwear; leather goods, such as handbags, suitcases, belts, wallets, and other men's and women's leather accessories; and knitwear, clothes for formal occasions, sportswear, and leisure wear, as well as outerwear, such as husky jackets, ponchos, and leather garments.

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