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UniCredit (OTCMKTS:UNCFF) Hits New 1-Year High - Should You Buy?

UniCredit logo with Finance background

UniCredit S.p.A. (OTCMKTS:UNCFF - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $48.33 and last traded at $47.66, with a volume of 4535 shares. The stock had previously closed at $46.69.

UniCredit Stock Up 3.2 %

The stock's 50 day moving average is $42.60 and its 200-day moving average is $41.94.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in UniCredit stock. GAMMA Investing LLC grew its holdings in UniCredit S.p.A. (OTCMKTS:UNCFF - Free Report) by 331.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,332 shares of the financial services provider's stock after purchasing an additional 1,792 shares during the period. GAMMA Investing LLC's holdings in UniCredit were worth $93,000 as of its most recent filing with the Securities & Exchange Commission.

About UniCredit

(Get Free Report)

UniCredit S.p.A. provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe. It offers retail, private, and wealth management solutions; and institutional investor solutions. The company also provides corporate finance advisory, rating advisory, financial sponsor, patient capital, capital structure advisory, and finance solutions, as well as securities services.

Further Reading

Should You Invest $1,000 in UniCredit Right Now?

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