Salvatore Ferragamo (OTCMKTS:SFRGY) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Shares of Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.39 and traded as low as $3.29. Salvatore Ferragamo shares last traded at $3.38, with a volume of 7,222 shares trading hands.

Salvatore Ferragamo Trading Up 2.6 %

The business has a fifty day moving average of $3.71 and a 200-day moving average of $4.38.

Salvatore Ferragamo Company Profile

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.