Moncler (OTCMKTS:MONRY) Stock Price Down 1.6% – Here’s Why

Moncler S.p.A. (OTCMKTS:MONRYGet Free Report)’s share price fell 1.6% during trading on Wednesday . The stock traded as low as $57.55 and last traded at $57.56. 10,472 shares traded hands during mid-day trading, a decline of 12% from the average session volume of 11,960 shares. The stock had previously closed at $58.52.

Wall Street Analyst Weigh In

A number of analysts have recently commented on MONRY shares. HSBC lowered Moncler from a “buy” rating to a “hold” rating in a research note on Thursday, April 24th. Citigroup reiterated a “buy” rating on shares of Moncler in a report on Thursday, March 20th.

Check Out Our Latest Analysis on MONRY

Moncler Stock Performance

The company’s 50 day moving average price is $62.12 and its 200-day moving average price is $61.28.

Moncler Company Profile

(Get Free Report)

Moncler S.p.A., together with its subsidiaries, designs, produces, and distributes clothing and related accessories for men, women, and children under the Moncler and Stone Island brand names in Italy, rest of Europe, Asia, the Middle East, Africa, and the Americas. It also offers footwear products; leather goods; bags, backpacks, and accessories; and sunglasses and eyeglasses under the Moncler Lunettes brand.

Further Reading

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