Prada (OTCMKTS:PRDSF) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Prada S.p.A. (OTCMKTS:PRDSFGet Free Report)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $7.33 and traded as low as $7.02. Prada shares last traded at $7.20, with a volume of 970 shares trading hands.

Prada Price Performance

The stock’s fifty day simple moving average is $6.96 and its 200-day simple moving average is $7.33.

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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