Prada (OTCMKTS:PRDSF) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Prada S.p.A. (OTCMKTS:PRDSFGet Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.39 and traded as low as $7.21. Prada shares last traded at $7.21, with a volume of 704 shares traded.

Prada Stock Performance

The business has a 50-day simple moving average of $6.95 and a 200-day simple moving average of $7.38.

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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