Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 9,020 shares, a drop of 48.2% from the September 30th total of 17,429 shares. Based on an average daily volume of 151,158 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.
Leonardo Stock Performance
FINMY traded down $0.23 during trading hours on Friday, reaching $28.66. 44,094 shares of the stock traded hands, compared to its average volume of 93,326. The firm’s fifty day simple moving average is $28.37 and its two-hundred day simple moving average is $31.17. Leonardo has a fifty-two week low of $25.59 and a fifty-two week high of $37.51. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.90 and a quick ratio of 0.52.
Analyst Upgrades and Downgrades
FINMY has been the topic of a number of recent research reports. BNP Paribas Exane upgraded Leonardo to an “outperform” rating in a research note on Thursday, September 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Leonardo in a research note on Friday, August 14th. Royal Bank Of Canada began coverage on Leonardo in a report on Tuesday, August 11th. They set a “moderate buy” rating on the stock. Jefferies Financial Group raised Leonardo from a “hold” rating to a “buy” rating in a research report on Thursday, July 9th. Finally, DZ Bank upgraded Leonardo to a “strong-buy” rating in a report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Leonardo presently has an average rating of “Buy”.
View Our Latest Analysis on Leonardo
Leonardo Company Profile
Leonardo S.p.A. is an Italian aerospace, defense and security company formerly known as Finmeccanica. The company adopted the Leonardo name in 2016 and is headquartered in Rome, Italy. It serves government, defense and commercial customers in Italy and international markets.
Leonardo’s activities include the design, development and production of helicopters, military and civil aircraft, aircraft structures, defense electronics, radar and communication systems, cybersecurity solutions, and space technologies.
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