Salvatore Ferragamo (OTCMKTS:SFRGY) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $3.55 and traded as high as $3.80. Salvatore Ferragamo shares last traded at $3.73, with a volume of 7,706 shares.

Salvatore Ferragamo Price Performance

The business has a 50-day simple moving average of $3.55 and a 200-day simple moving average of $3.68.

Salvatore Ferragamo Company Profile

Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women in Italy, rest of Europe, North America, Japan, the Asia Pacific, and Central and South America. It offers men’s and women’s footwear; leather goods, such as handbags, suitcases, belts, wallets, and other men’s and women’s leather accessories; and knitwear, clothes for formal occasions, sportswear, and leisure wear, as well as outerwear, such as husky jackets, ponchos, and leather garments.