UniCredit (OTCMKTS:UNCFF) Trading Up 1.7% – Should You Buy?

UniCredit S.p.A. (OTCMKTS:UNCFF) traded up 1.7% during mid-day trading on Friday . The stock traded as high as $61.79 and last traded at $61.16. 2,997 shares changed hands during trading, a decline of 81% from the average session volume of 16,175 shares. The stock had previously closed at $60.15.

UniCredit Price Performance

The stock has a fifty day moving average price of $56.91 and a 200-day moving average price of $48.46.

Institutional Inflows and Outflows

An institutional investor recently raised its position in UniCredit stock. GAMMA Investing LLC raised its holdings in shares of UniCredit S.p.A. (OTCMKTS:UNCFF) by 5,505.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 130,723 shares of the financial services provider’s stock after purchasing an additional 128,391 shares during the period. GAMMA Investing LLC’s holdings in UniCredit were worth $7,328,000 at the end of the most recent quarter.

About UniCredit

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.