Leonardo (OTCMKTS:FINMY) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $27.86 and traded as high as $28.56. Leonardo shares last traded at $28.12, with a volume of 57,650 shares.

Wall Street Analysts Forecast Growth

FINMY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Leonardo in a report on Monday, October 6th. Barclays upgraded Leonardo to a “hold” rating in a report on Monday, September 8th. Kepler Capital Markets upgraded Leonardo from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 31st. Finally, The Goldman Sachs Group raised Leonardo to a “hold” rating in a research note on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Leonardo Stock Down 2.0%

The firm has a 50 day moving average price of $29.28 and a 200 day moving average price of $27.86.

About Leonardo

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.