Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Short Interest Update

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 29,827 shares, a growth of 74.1% from the March 31st total of 17,136 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 193,865 shares, the short-interest ratio is presently 0.2 days.

Leonardo Stock Up 0.3%

Shares of Leonardo stock opened at $30.81 on Wednesday. The stock has a 50-day moving average price of $34.20 and a 200 day moving average price of $31.60. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.97 and a quick ratio of 0.62. Leonardo has a 1 year low of $24.77 and a 1 year high of $37.51.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on FINMY shares. Citigroup raised Leonardo from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Jefferies Financial Group lowered Leonardo from a “buy” rating to a “hold” rating in a research report on Monday, April 20th. Morgan Stanley reissued an “overweight” rating on shares of Leonardo in a research note on Monday. Barclays raised Leonardo from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 9th. Finally, Deutsche Bank Aktiengesellschaft downgraded Leonardo from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

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.