Salvatore Ferragamo (OTCMKTS:SFRGY) Share Price Passes Above 50-Day Moving Average – Here’s Why

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY)’s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $3.35 and traded as high as $3.67. Salvatore Ferragamo shares last traded at $3.55, with a volume of 9,501 shares changing hands.

Salvatore Ferragamo Trading Down 2.3 %

The company’s fifty day simple moving average is $3.35 and its 200 day simple moving average is $3.81.

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.