Salvatore Ferragamo (OTCMKTS:SFRGY) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $4.17 and traded as high as $4.92. Salvatore Ferragamo shares last traded at $4.68, with a volume of 2,439 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Citigroup reissued a “neutral” rating on shares of Salvatore Ferragamo in a research note on Tuesday. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Salvatore Ferragamo Stock Up 1.3%

The stock has a 50 day simple moving average of $4.22 and a 200 day simple moving average of $3.40.

Salvatore Ferragamo Company Profile

Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women in Italy, rest of Europe, North America, Japan, the Asia Pacific, and Central and South America. It offers men’s and women’s footwear; leather goods, such as handbags, suitcases, belts, wallets, and other men’s and women’s leather accessories; and knitwear, clothes for formal occasions, sportswear, and leisure wear, as well as outerwear, such as husky jackets, ponchos, and leather garments.