Brunello Cucinelli (OTCMKTS:BCUCY) Stock Price Down 1.7% – Time to Sell?

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) shares were down 1.7% during mid-day trading on Tuesday . The stock traded as low as $9.74 and last traded at $9.83. Approximately 26,267 shares changed hands during mid-day trading, an increase of 93% from the average daily volume of 13,602 shares. The stock had previously closed at $10.00.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Zacks Research downgraded shares of Brunello Cucinelli from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 1st. Kepler Capital Markets upgraded shares of Brunello Cucinelli to a “hold” rating in a report on Thursday, October 2nd. Oddo Bhf downgraded shares of Brunello Cucinelli to a “neutral” rating in a research report on Friday, September 26th. Finally, Sanford C. Bernstein raised Brunello Cucinelli from a “hold” rating to an “outperform” rating in a research report on Monday, September 29th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Brunello Cucinelli currently has a consensus rating of “Hold”.

Brunello Cucinelli Stock Down 1.7%

The business’s 50 day moving average price is $10.74 and its 200 day moving average price is $11.45.

About Brunello Cucinelli

Brunello Cucinelli S.p.A., together with its subsidiaries, engages in the production and sale of clothing, accessories, and lifestyle products in Italy, Europe, North America, Japan, and China. The company offers women's collection, including coats and jackets, blazers, knitwear, suits, dresses, t-shirts and tops, shirts, skirts, pants, denim, travel wear; sneakers, heels, boots, loafers, sandals, flat shoes; jewelry, scarves, other accessories; mini bags and clutches; crossbody bags and backpacks; and handbags and shoppers.