Leonardo (OTCMKTS:FINMY) Sees Large Volume Increase – Here’s What Happened

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) saw unusually-strong trading volume on Friday . Approximately 207,122 shares were traded during trading, an increase of 117% from the previous session’s volume of 95,556 shares.The stock last traded at $34.6450 and had previously closed at $34.29.

Analysts Set New Price Targets

A number of research firms recently commented on FINMY. Deutsche Bank Aktiengesellschaft cut Leonardo from a “buy” rating to a “hold” rating in a report on Tuesday, January 13th. Jefferies Financial Group reiterated a “buy” rating on shares of Leonardo in a research report on Friday, January 30th. 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. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Leonardo Price Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.59 and a current ratio of 0.97. The firm has a fifty day simple moving average of $31.92 and a two-hundred day simple moving average of $29.93.

Leonardo Company Profile

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.