Moncler (OTCMKTS:MONRF) Stock Falls 8.3% – Here’s What Happened

Moncler S.p.A. (OTCMKTS:MONRF – Get Free Report) shares were down 8.3% on Tuesday. The company traded as low as $48.2625 and last traded at $48.2625. 4,888 shares changed hands during trading, an increase of 145% from the average daily volume of 1,993 shares. The stock had previously closed at $52.6375.

Moncler Price Performance

The company’s 50-day simple moving average is $53.92 and its 200 day simple moving average is $59.31.

About Moncler

(Get Free Report)

Moncler S.p.A. is an Italian luxury apparel company best known for its technical outerwear, including down jackets, parkas, coats and other cold-weather garments. The company also offers clothing, footwear, accessories and selected lifestyle products under the Moncler brand.

Moncler was founded in 1952 in Monestier-de-Clermont, France, by René Ramillon and André Vincent. The company takes its name from the town, and its products have evolved from performance-oriented mountain wear into luxury fashion collections while retaining an emphasis on technical materials and protection from the elements.

Moncler serves customers internationally through directly operated stores, e-commerce channels, selected wholesale partners and other distribution platforms.

See Also

Receive News & Ratings for Moncler Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moncler and related companies with MarketBeat.com's FREE daily email newsletter.