SALVATORE FERRA/ADR (OTCMKTS:SFRGY) Stock Price Passes Below Fifty Day Moving Average of $9.78
SALVATORE FERRA/ADR (OTCMKTS:SFRGY) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $9.78 and traded as low as $8.98. SALVATORE FERRA/ADR shares last traded at $9.07, with a volume of 749 shares trading hands.
Separately, Jefferies Financial Group raised shares of SALVATORE FERRA/ADR from an “underperform” rating to a “hold” rating in a research report on Tuesday, June 25th.
The firm’s 50-day moving average is $9.78 and its 200-day moving average is $10.95.
Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women worldwide. The company offers footwear, leather goods, apparel, silk goods, jewels, other accessories, and fragrances, as well as eyewear and watches. It provides handbags; suitcases; belts; wallets; soft accessories, such as silk twill, scarves, gloves and hats, and hair accessories; lifestyle accessories; jewelry; and ready to wear products, including outwear, knitwear, jacket and blazers, dresses, tops and shirts, pants, skirts, and children products.
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