Leonardo (OTCMKTS:FINMY) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $32.51 and traded as high as $33.84. Leonardo shares last traded at $33.49, with a volume of 54,665 shares.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on FINMY shares. Deutsche Bank Aktiengesellschaft downgraded shares of Leonardo from a “buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Leonardo in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Leonardo Stock Up 0.7%

The company has a 50 day moving average of $32.51 and a two-hundred day moving average of $30.17. The company has a current ratio of 0.97, a quick ratio of 0.59 and a debt-to-equity ratio of 0.19.

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.