Moncler (MONRY) Projected to Release Earnings on Wednesday

Moncler (OTCMKTS:MONRY) is anticipated to release its resultson Wednesday, July 22nd. Analysts expect the company to announce earnings of $0.6610 per share and revenue of $1.4801 billion for the quarter.

Moncler Trading Up 0.7%

OTCMKTS MONRY opened at $57.45 on Wednesday. Moncler has a 12 month low of $53.24 and a 12 month high of $71.41. The company’s 50 day simple moving average is $60.59 and its 200 day simple moving average is $61.58.

Analysts Set New Price Targets

MONRY has been the subject of a number of research reports. Citigroup reaffirmed a “buy” rating on shares of Moncler in a research note on Friday, April 24th. Morgan Stanley initiated coverage on Moncler in a research note on Tuesday, June 23rd. They issued an “equal weight” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy”.

Moncler Company Profile

Moncler S.p.A. is an Italian luxury fashion house best known for its high-end down jackets and skiwear. Established in 1952 in Monestier-de-Clermont, near Grenoble, France, the company has built a strong reputation for combining technical performance with refined aesthetics. Its core product lineup includes insulated jackets, vests, coats, knitwear, footwear and accessories, all designed to withstand extreme weather while meeting the standards of high fashion.

Originally founded by René Ramillon and André Vincent as a maker of quilted sleeping bags and tents, Moncler gradually shifted focus to outerwear for mountain sports.