Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Given Average Rating of “Moderate Buy” by Analysts

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have been assigned an average rating of “Moderate Buy” from the eight brokerages that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company.

A number of brokerages have recently commented on FINMY. Barclays reissued an “overweight” rating on shares of Leonardo in a research note on Friday. Citigroup raised shares of Leonardo from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Jefferies Financial Group downgraded shares of Leonardo from a “buy” rating to a “hold” rating in a research note on Monday, April 20th. Zacks Research upgraded shares of Leonardo to a “hold” rating in a report on Friday, May 15th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Leonardo in a report on Monday, June 1st.

Leonardo Price Performance

FINMY stock traded down $0.68 during midday trading on Tuesday, reaching $30.74. 16,560 shares of the stock were exchanged, compared to its average volume of 85,103. Leonardo has a 52 week low of $25.59 and a 52 week high of $37.51. The company has a fifty day moving average price of $29.82 and a 200 day moving average price of $32.02. The company has a current ratio of 0.97, a quick ratio of 0.62 and a debt-to-equity ratio of 0.18.

Leonardo Company Profile

Leonardo S.p.A. is an Italy-based global aerospace, defence and security company that designs, manufactures and supports a broad range of products and systems for military, government and commercial customers. Its core activities span helicopters and fixed-wing aircraft, avionics and mission systems, air and naval defence electronics (including radars and sensors), cybersecurity and secure communications, as well as space systems and services. The company also provides systems integration, mission support, maintenance, repair and overhaul (MRO) and training services across its product lines.

The business traces its modern identity to the former Finmeccanica group and was rebranded as Leonardo in 2017, reflecting a strategic emphasis on technology, research and innovation.