UniCredit (OTCMKTS:UNCFF) Hits New 1-Year High – Here’s Why

UniCredit (OTCMKTS:UNCFF) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $100.2925 and last traded at $100.2925, with a volume of 184 shares. The stock had previously closed at $96.6875.

UniCredit Stock Up 2.5%

The company’s fifty day simple moving average is $91.96 and its 200 day simple moving average is $85.22. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.44.

Hedge Funds Weigh In On UniCredit

A hedge fund recently bought a new position in UniCredit stock. Compass Financial Management LLC bought a new position in UniCredit (OTCMKTS:UNCFF) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 707 shares of the financial services provider’s stock, valued at approximately $27,000.

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.