Leonardo (OTCMKTS:FINMY) Shares Gap Down – What’s Next?

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $28.98, but opened at $27.49. Leonardo shares last traded at $28.0050, with a volume of 12,701 shares trading hands.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on FINMY shares. Barclays upgraded shares of Leonardo to a “hold” rating in a report on Monday, September 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Leonardo in a research report on Monday, October 6th. The Goldman Sachs Group upgraded Leonardo to a “hold” rating in a research note on Friday, September 19th. Finally, Kepler Capital Markets raised Leonardo from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Leonardo Stock Performance

The business’s 50 day simple moving average is $30.05 and its two-hundred day simple moving average is $28.65. The company has a quick ratio of 0.59, a current ratio of 0.97 and a debt-to-equity ratio of 0.19.

Leonardo Company Profile

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.