UniCredit (OTCMKTS:UNCFF) Stock Price Up 2% – Still a Buy?

UniCredit (OTCMKTS:UNCFF) rose 2% during mid-day trading on Monday . The stock traded as high as $90.1850 and last traded at $88.51. Approximately 2,141 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 3,096 shares. The stock had previously closed at $86.7725.

UniCredit Price Performance

The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.43. The stock has a fifty day moving average of $85.46 and a two-hundred day moving average of $79.78.

Institutional Trading of UniCredit

An institutional investor recently raised its position in UniCredit stock. GAMMA Investing LLC raised its position in UniCredit (OTCMKTS:UNCFF) by 52.7% during the third quarter, according to its most recent filing with the SEC. The firm owned 3,562 shares of the financial services provider’s stock after purchasing an additional 1,230 shares during the period. GAMMA Investing LLC’s holdings in UniCredit were worth $274,000 as of its most recent filing with the SEC.

About UniCredit

UniCredit is a Milan-based global banking and financial services group offering a comprehensive range of banking solutions. As one of Europe’s leading banking institutions, the firm provides services in retail banking, corporate and investment banking, commercial banking, private banking and asset management. UniCredit’s network spans key European markets, leveraging a diversified business model to serve individuals, small and medium-sized enterprises, and large corporate clients.

The group’s retail banking arm delivers deposit accounts, loans, payment services and digital banking platforms designed to meet the evolving needs of its broad customer base.