Shares of Ermenegildo Zegna (NYSE:ZGN – Get Rating) saw unusually-strong trading volume on Tuesday . Approximately 12,287 shares changed hands during trading, a decline of 88% from the previous session’s volume of 106,132 shares.The stock last traded at $11.34 and had previously closed at $11.55.
Analysts Set New Price Targets
Separately, Bank of America started coverage on Ermenegildo Zegna in a report on Tuesday, September 20th. They set a “buy” rating and a $13.00 price target on the stock.
Ermenegildo Zegna Trading Down 1.8 %
The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.14 and a current ratio of 1.61. The company has a fifty day moving average price of $10.75 and a two-hundred day moving average price of $10.62.
Institutional Trading of Ermenegildo Zegna
Ermenegildo Zegna Company Profile
Ermenegildo Zegna N.V., together with its subsidiaries, designs, manufactures, markets, and distributes luxury menswear, footwear, leather goods, and other accessories under the Zegna and the Thom Browne brands. It provides luxury leisurewear for men; formal suits, tuxedos, shirts, blazers, formal overcoats, and accessories; leather accessories comprising shoes, bags, belts, and small leather accessories; and fragrances.
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