Prada S.p.A. (OTCMKTS:PRDSY – Get Free Report) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 1,800 shares, a drop of 69.5% from the January 31st total of 5,900 shares. Based on an average trading volume of 3,800 shares, the short-interest ratio is currently 0.5 days.
Prada Price Performance
OTCMKTS:PRDSY traded down $0.44 on Friday, hitting $16.86. The company had a trading volume of 8,299 shares, compared to its average volume of 5,469. The firm has a 50 day moving average of $16.33 and a two-hundred day moving average of $15.07. Prada has a 52 week low of $12.56 and a 52 week high of $18.00.
Analysts Set New Price Targets
Separately, Bank of America upgraded shares of Prada from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 19th.
Prada Company Profile
Prada S.p.A. designs, produces, and distributes leather goods, footwear, and ready to wear products worldwide. The company offers its products under the Prada, Miu Miu, Church’s, and Car Shoe brands. It operates in food sector under the Marchesi 1824 brand, as well as sailing races business under Luna Rossa brand name; eyewear and fragrances sector under licensing agreements; and engages in the real estate business.
Featured Stories
- Five stocks we like better than Prada
- Short Selling: How to Short a Stock
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- Investing In Automotive Stocks
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- What Do S&P 500 Stocks Tell Investors About the Market?
- MarketBeat Week in Review – 02/24 – 02/28
Receive News & Ratings for Prada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prada and related companies with MarketBeat.com's FREE daily email newsletter.
