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

Shares of Leonardo S.p.a. (OTCMKTS:FINMY) hit a new 52-week high on Tuesday . The company traded as high as $14.37 and last traded at $14.37, with a volume of 25475 shares changing hands. The stock had previously closed at $14.00.

Analysts Set New Price Targets

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

Leonardo Trading Up 2.1 %

The firm’s fifty day simple moving average is $13.49 and its 200-day simple moving average is $12.42. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.95 and a quick ratio of 0.58.

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.