Leonardo (OTCMKTS:FINMY) Reaches New 1-Year High – Here’s What Happened

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) reached a new 52-week high on Tuesday . The stock traded as high as $35.00 and last traded at $35.00, with a volume of 28442 shares. The stock had previously closed at $34.27.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft lowered Leonardo from a “buy” rating to a “hold” rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Leonardo currently has an average rating of “Hold”.

Leonardo Stock Up 1.9%

The company’s fifty day moving average is $29.34 and its 200 day moving average is $29.01. The company has a current ratio of 0.97, a quick ratio of 0.59 and a debt-to-equity ratio of 0.19.

About Leonardo

Leonardo S.p.A. is an Italy-based global aerospace, defence and security company that designs, manufactures and supports a broad range of products and systems for military, government and commercial customers. Its core activities span helicopters and fixed-wing aircraft, avionics and mission systems, air and naval defence electronics (including radars and sensors), cybersecurity and secure communications, as well as space systems and services. The company also provides systems integration, mission support, maintenance, repair and overhaul (MRO) and training services across its product lines.

The business traces its modern identity to the former Finmeccanica group and was rebranded as Leonardo in 2017, reflecting a strategic emphasis on technology, research and innovation.