Moncler (OTCMKTS:MONRF) Shares Up 2.3% – Time to Buy?

Moncler S.p.A. (OTCMKTS:MONRFGet Free Report)’s stock price shot up 2.3% during mid-day trading on Tuesday . The stock traded as high as $63.00 and last traded at $63.00. 280 shares changed hands during trading, a decline of 46% from the average session volume of 520 shares. The stock had previously closed at $61.5750.

Moncler Stock Up 2.3%

The business has a fifty day moving average price of $65.15 and a 200-day moving average price of $60.89.

About Moncler

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Moncler is an Italian luxury apparel company specializing in high-performance outerwear inspired by mountain exploration. The company’s product portfolio centers on down-filled jackets and vests designed for cold-weather conditions, complemented by skiwear, technical rainwear, ready-to-wear collections, footwear, accessories and homeware items. Moncler blends innovative fabrics, lightweight construction and refined aesthetics to serve both functional and fashion-conscious markets.

Originally founded in 1952 in Monestier-de-Clermont, near Grenoble, France, by René Ramillon and André Vincent, Moncler built its reputation outfitting mountaineers on expeditions.

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