Shares of Interparfums Inc (Symbol: IPAR) experienced a notable increase on Wednesday, surpassing their 200-day moving average of $127.79, trading as high as $132.60 apiece. Currently, the stock is up approximately 1.8% for the day. The accompanying chart illustrates IPAR’s performance over the past year in relation to its 200-day moving average:
This performance reflects strong market interest, particularly considering IPAR’s 52-week trading range, which saw a low of $108.39 and a peak of $156.75. The current trading price stands at $129.27, indicating healthy volatility in the stock.
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