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Leonardo (OTCMKTS:FINMY) Stock Crosses Above 50-Day Moving Average - Here's What Happened

Leonardo logo with Aerospace background

Shares of Leonardo S.p.a. (OTCMKTS:FINMY - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $21.65 and traded as high as $23.75. Leonardo shares last traded at $23.75, with a volume of 132,682 shares traded.

Wall Street Analyst Weigh In

Several research firms have commented on FINMY. Citigroup cut Leonardo from a "strong-buy" rating to a "neutral" rating in a report on Friday, April 4th. UBS Group lowered Leonardo from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 24th. Finally, Morgan Stanley raised Leonardo from an "equal weight" rating to an "overweight" rating in a report on Thursday, January 16th.

Check Out Our Latest Research Report on FINMY

Leonardo Price Performance

The firm's 50 day moving average is $22.24 and its two-hundred day moving average is $16.37. The company has a quick ratio of 0.58, a current ratio of 0.95 and a debt-to-equity ratio of 0.26.

Leonardo Company Profile

(Get Free Report)

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.

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