Leonardo (OTCMKTS:FINMF) Trading Up 0.4% – What’s Next?

Leonardo S.p.a. (OTCMKTS:FINMF)’s stock price shot up 0.4% during trading on Tuesday . The company traded as high as $58.61 and last traded at $57.01. 5,804 shares traded hands during trading, a decline of 37% from the average session volume of 9,165 shares. The stock had previously closed at $56.80.

Leonardo Trading Up 0.4%

The company’s 50-day simple moving average is $58.93 and its two-hundred day simple moving average is $57.87.

Institutional Trading of Leonardo

A hedge fund recently raised its stake in Leonardo stock. Generali Investments CEE investicni spolecnost a.s. boosted its holdings in shares of Leonardo S.p.a. (OTCMKTS:FINMF) by 206.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,579 shares of the company’s stock after purchasing an additional 21,949 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Leonardo were worth $2,065,000 at the end of the most recent reporting period. Institutional investors own 18.02% of the company’s stock.

Leonardo Company Profile

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.