Leonardo (OTCMKTS:FINMY) Reaches New 1-Year High – Time to Buy?

Leonardo S.p.a. (OTCMKTS:FINMY)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $25.27 and last traded at $25.27, with a volume of 362772 shares changing hands. The stock had previously closed at $20.73.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley raised Leonardo from an “equal weight” rating to an “overweight” rating in a report on Thursday, January 16th.

Leonardo Price Performance

The company has a current ratio of 0.95, a quick ratio of 0.58 and a debt-to-equity ratio of 0.26. The stock has a fifty day moving average price of $15.92 and a two-hundred day moving average price of $13.59.

About Leonardo

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.