Prada S.p.A. (OTCMKTS:PRDSY – Get Free Report) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 636 shares, a decrease of 72.6% from the September 30th total of 2,319 shares. Based on an average daily volume of 13,641 shares, the days-to-cover ratio is currently 0.0 days.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group assumed coverage on Prada in a research note on Sunday, October 4th. They set a “buy” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
View Our Latest Report on Prada
Prada Price Performance
OTCMKTS PRDSY opened at $9.55 on Friday. Prada has a 12 month low of $8.90 and a 12 month high of $12.54. The business has a fifty day simple moving average of $9.83 and a 200 day simple moving average of $9.99.
Prada Company Profile
Prada S.p.A. is an Italian luxury goods company founded in Milan in 1913 by Mario Prada. The group designs, manufactures and sells luxury apparel, leather goods, footwear and accessories, along with beauty products, fragrances and eyewear through licensing and brand partnerships.
Its principal brands include Prada and Miu Miu, as well as Church’s, Car Shoe and Marchesi 1824. The company serves customers worldwide through a network of directly operated stores, e-commerce platforms, selected wholesale partners and other distribution channels.
Prada Group is headquartered in Milan and has developed an international retail and manufacturing presence while retaining strong Italian design and craftsmanship roots.
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