Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 2,541 shares, a decline of 86.5% from the September 30th total of 18,844 shares. Based on an average daily volume of 87,573 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on MONRY shares. HSBC reaffirmed a “buy” rating on shares of Moncler in a report on Wednesday, September 9th. Citigroup restated a “buy” rating on shares of Moncler in a research report on Wednesday, August 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Moncler in a research report on Tuesday, September 22nd. Finally, The Goldman Sachs Group initiated coverage on Moncler in a research report on Sunday, October 4th. They set a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on Moncler
Moncler Stock Down 0.1%
Shares of MONRY opened at $47.94 on Tuesday. The firm’s 50 day moving average price is $51.10 and its 200 day moving average price is $58.34. Moncler has a twelve month low of $46.77 and a twelve month high of $71.41.
Moncler Company Profile
Moncler S.p.A. is an Italian luxury apparel company headquartered in Milan. Founded in 1952 in Monestier-de-Clermont, France, the company initially produced technical equipment and sleeping bags before becoming known for down jackets and other high-performance outerwear.
Moncler designs, manufactures and distributes luxury clothing, footwear and accessories for men, women and children. Its product range includes down jackets, coats, knitwear, sportswear, bags, shoes and other fashion accessories.
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