Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY – Get Free Report)’s share price was up 11.4% during trading on Monday. The company traded as high as $4.1650 and last traded at $4.1650. 880 shares changed hands during trading, a decline of 90% from the average session volume of 9,092 shares. The stock had previously closed at $3.74.
Analyst Ratings Changes
Several brokerages recently weighed in on SFRGY. Zacks Research upgraded Salvatore Ferragamo to a “hold” rating in a research report on Thursday, June 25th. Citigroup reiterated a “neutral” rating on shares of Salvatore Ferragamo in a research report on Monday, August 17th. Two equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, Salvatore Ferragamo has an average rating of “Hold”.
Check Out Our Latest Stock Report on Salvatore Ferragamo
Salvatore Ferragamo Trading Up 1.6%
The stock’s 50-day moving average is $4.84 and its 200-day moving average is $5.08.
Salvatore Ferragamo Company Profile
Salvatore Ferragamo S.p.A. is an Italian luxury-goods company headquartered in Florence, Italy. The company designs, produces, and distributes luxury footwear, leather goods, clothing, silk products, accessories, fragrances, eyewear, and watches under the Ferragamo brand.
The business was founded by Salvatore Ferragamo, who established a reputation for innovative footwear in the early 20th century after working in the United States and returning to Italy. The company continues to build on its heritage in craftsmanship and design while offering products across multiple luxury categories.
Ferragamo serves customers internationally through directly operated stores, e-commerce platforms, and selected wholesale and travel-retail partners.
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