Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Given Consensus Rating of “Buy” by Analysts

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) has been given an average rating of “Buy” by the six analysts that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company.

Several brokerages have issued reports on MONRY. Morgan Stanley started coverage on shares of Moncler in a research note on Tuesday, June 23rd. They issued an “equal weight” rating for the company. Citigroup reiterated a “buy” rating on shares of Moncler in a research report on Wednesday, August 19th. Finally, HSBC restated a “buy” rating on shares of Moncler in a report on Wednesday.

Moncler Stock Performance

OTCMKTS:MONRY traded down $0.94 during trading hours on Wednesday, reaching $52.16. The stock had a trading volume of 78,831 shares, compared to its average volume of 44,430. Moncler has a 52 week low of $52.07 and a 52 week high of $71.41. The company has a 50 day moving average price of $56.27 and a two-hundred day moving average price of $60.23.

About Moncler

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.