Leonardo (OTCMKTS:FINMY) Hits New 12-Month High – Time to Buy?

Leonardo S.p.a. (OTCMKTS:FINMY)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $15.04 and last traded at $15.04, with a volume of 46115 shares trading hands. The stock had previously closed at $14.71.

Analysts Set New Price Targets

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

Leonardo Price Performance

The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.58 and a current ratio of 0.95. The stock’s 50-day moving average is $13.68 and its 200 day moving average is $12.54.

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.