Shares of Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY – Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.09 and traded as high as $4.5050. Salvatore Ferragamo shares last traded at $4.30, with a volume of 3,257 shares traded.
Salvatore Ferragamo Price Performance
The stock’s 50 day simple moving average is $4.09 and its 200-day simple moving average is $4.26.
About Salvatore Ferragamo
Salvatore Ferragamo S.p.A. operates as a designer, producer and distributor of high-end luxury footwear, leather goods, apparel and accessories. The company’s product portfolio spans men’s and women’s shoes, handbags, small leather items, silk products, ready-to-wear collections, eyewear, fragrances and watches. Through its vertically integrated business model, Ferragamo controls key aspects of the value chain, from design and manufacturing to wholesale distribution and direct-to-consumer retail.
Founded in 1927 by Italian shoemaker Salvatore Ferragamo, the company is headquartered in Florence, Italy and has grown into a globally recognized luxury brand.
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