Brunello Cucinelli (OTCMKTS:BCUCY) Sees Strong Trading Volume – Time to Buy?

Shares of Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY – Get Free Report) saw unusually-strong trading volume on Tuesday. 61,107 shares were traded during mid-day trading, an increase of 40% from the previous session’s volume of 43,648 shares. The stock last traded at $8.8375 and had previously closed at $8.98.

Analyst Upgrades and Downgrades

BCUCY has been the subject of several research analyst reports. Royal Bank Of Canada raised shares of Brunello Cucinelli from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Brunello Cucinelli in a research note on Monday, August 3rd. The Goldman Sachs Group started coverage on shares of Brunello Cucinelli in a research report on Sunday, October 4th. They set a “hold” rating on the stock. Finally, Citigroup reiterated a “buy” rating on shares of Brunello Cucinelli in a research report on Thursday, September 17th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on Brunello Cucinelli

Brunello Cucinelli Price Performance

The firm has a 50-day moving average of $9.58 and a 200-day moving average of $9.57.

About Brunello Cucinelli

(Get Free Report)

Brunello Cucinelli S.p.A. is an Italian luxury fashion company specializing in high-end apparel and accessories. The company is particularly known for its cashmere products, as well as collections of clothing, footwear, handbags, leather goods and other lifestyle items for men and women.

Brunello Cucinelli founded the company in 1978, initially focusing on colored cashmere. The business is headquartered in Solomeo, Italy, a village closely associated with the company’s manufacturing, design and corporate activities.

Further Reading

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