Salvatore Ferragamo (OTCMKTS:SFRGF) Stock Price Up 15.4% – Here’s Why

Shares of Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGFGet Free Report) shot up 15.4% during trading on Tuesday . The company traded as high as $8.08 and last traded at $8.08. 2,500 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 2,860 shares. The stock had previously closed at $7.00.

Salvatore Ferragamo Stock Performance

The firm’s 50-day simple moving average is $7.05 and its two-hundred day simple moving average is $7.51.

About Salvatore Ferragamo

(Get Free Report)

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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