Pirelli & C. (OTCMKTS:PLLIF) Trading 10.2% Higher – Here’s Why

Shares of Pirelli & C. S.p.A. (OTCMKTS:PLLIF) rose 10.2% during trading on Tuesday . The company traded as high as $6.50 and last traded at $6.50. Approximately 100 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 240 shares. The stock had previously closed at $5.90.

Pirelli & C. Stock Up 10.2%

The stock’s fifty day simple moving average is $5.89 and its 200-day simple moving average is $5.64.

Pirelli & C. Company Profile

Pirelli & C. S.p.A. manufactures and supplies tires for cars, motorcycles, and bicycles worldwide. It offers car tires under the P ZERO, Cinturato, Scorpion, Sottozero, Pirelli Ice, and Carrier brand names; motorcycle tires under the DIABLO Superbike, DIABLO SUPERCORSA SC, DIABLO ROSSO IV, DIABLO Rain, ANGEL GT, DIABLO ROSSO II, DIABLO Wet, SCORPION MX, SCORPION Pro F.I.M., SCORPION XC, DIABLO SUPERCORSA SP, PHANTOM SPORTSCOMP, DIABLO Rosso IV Corsa, DIABLO Rosso III, ANGEL GT II, NIGHT DRAGON, MT 66 ROUTE, SCORPION Trail II, MT 60 RS, MT 60, SCORPION MT 90 A/T, SCORPION Rally STR, SPORT DEMON, MT 21 Rallycross, MT 43 PRO TRIAL, DIABLO ROSSO Scooter, and ANGEL Scooter brands; motorsport tires under the P ZERO TROFEO R, SOTTOZERO, P7 Corsa, K, KM, RK, rain, and Slick brands; bike tires under the P Zero, Cinturato, and Scorpion brand names; and truck and bus tires.