Leonardo (OTCMKTS:FINMF) Stock Price Up 0% – Here’s What Happened

Leonardo S.p.a. (OTCMKTS:FINMF) was up 0% during mid-day trading on Tuesday . The stock traded as high as $73.26 and last traded at $73.26. Approximately 4,312 shares were traded during trading, a decline of 23% from the average daily volume of 5,594 shares. The stock had previously closed at $73.25.

Leonardo Stock Up 0.0%

The firm’s fifty day moving average is $67.60 and its 200 day moving average is $61.92.

Institutional Trading of Leonardo

A hedge fund recently raised its stake in Leonardo stock. Generali Investments CEE investicni spolecnost a.s. boosted its holdings in Leonardo S.p.a. (OTCMKTS:FINMF) by 206.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,579 shares of the company’s stock after buying an additional 21,949 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Leonardo were worth $2,065,000 as of its most recent SEC filing. 18.02% of the stock is owned by institutional investors and hedge funds.

About Leonardo

Leonardo S.p.A., trading in the U.S. over-the-counter market as FINMF, is an Italian multinational specializing in aerospace, defense and security. The company designs, develops and manufactures a broad range of products, including helicopters, fixed-wing aircraft, defense electronics, space systems and cybersecurity solutions. Leonardo serves both civil and military clients, providing integrated platforms and support services for complex missions and operations worldwide.

Within its aerospace segment, Leonardo produces tiltrotor and multirole helicopters under the AgustaWestland brand, as well as advanced trainer and transport aircraft.