Shares of Leonardo S.p.a. (OTCMKTS:FINMF – Get Rating) fell 7.7% during mid-day trading on Friday . The company traded as low as $8.81 and last traded at $8.81. 1,826 shares were traded during trading, a decline of 43% from the average session volume of 3,213 shares. The stock had previously closed at $9.54.
Wall Street Analysts Forecast Growth
Several brokerages have commented on FINMF. Morgan Stanley upgraded Leonardo from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, April 20th. AlphaValue upgraded shares of Leonardo to a “reduce” rating in a report on Monday, May 30th.
Leonardo Trading Down 7.7 %
The business’s 50-day moving average is $10.19 and its two-hundred day moving average is $9.56.
Leonardo Company Profile
Leonardo S.p.a., an industrial and technological company, engages in the helicopters, defense electronics and security systems, aeronautics, space, and other businesses 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, executive and private transport, medical and rescue, security, energy, and utility services, as well as provides support and training services.
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