Salvatore Ferragamo (OTCMKTS:SFRGY) Shares Up 5.6% – Here’s Why

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY)’s share price shot up 5.6% during trading on Wednesday . The stock traded as high as $3.75 and last traded at $3.68. 17,877 shares traded hands during mid-day trading, an increase of 31% from the average session volume of 13,679 shares. The stock had previously closed at $3.49.

Salvatore Ferragamo Price Performance

The stock’s 50-day moving average is $3.37 and its 200 day moving average is $4.00.

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.