Leonardo (OTCMKTS:FINMY) Hits New 52-Week High – Still a Buy?

Leonardo S.p.a. (OTCMKTS:FINMY)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $19.45 and last traded at $19.43, with a volume of 93096 shares changing hands. The stock had previously closed at $18.82.

Wall Street Analyst Weigh In

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

Leonardo Price Performance

The business’s 50 day moving average is $15.06 and its 200 day moving average is $13.25. The company has a current ratio of 0.95, a quick ratio of 0.58 and a debt-to-equity ratio of 0.26.

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.