Leonardo (OTCMKTS:FINMY) Stock Price Crosses Above 50-Day Moving Average - Should You Sell?

Leonardo S.p.a. (OTCMKTS:FINMY - Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $20.43 and traded as high as $24.33. Leonardo shares last traded at $24.20, with a volume of 85,502 shares traded.

Analysts Set New Price Targets

FINMY has been the subject of several research reports. Morgan Stanley raised shares of Leonardo from an "equal weight" rating to an "overweight" rating in a research note on Thursday, January 16th. UBS Group cut Leonardo from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th. Finally, Citigroup lowered Leonardo to a "neutral" rating in a research note on Friday.

Leonardo Stock Down 1.1 %

The company has a debt-to-equity ratio of 0.26, a current ratio of 0.95 and a quick ratio of 0.58. The stock's fifty day moving average is $20.88 and its 200-day moving average is $15.74.

Leonardo Company Profile

Leonardo S.p.a., an industrial and technological company, engages in the helicopters, defense electronics and security, aircraft, aerostructures, and space sectors in Italy, the United Kingdom, rest of Europe, the United States, and internationally. The company offers a range of helicopters for battlefield, combat, maritime, training, VIP/executive transport, medical and rescue, security, energy, and utility services, as well as provides support and training services.