Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Stock Short Interest Report for October

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 9,020 shares, a decrease of 48.2% from the September 30th total of 17,429 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 151,158 shares, the days-to-cover ratio is currently 0.1 days.

Leonardo Trading Down 0.8%

Shares of FINMY stock traded down $0.23 during midday trading on Friday, hitting $28.66. The company had a trading volume of 44,094 shares, compared to its average volume of 93,326. The company has a current ratio of 0.90, a quick ratio of 0.52 and a debt-to-equity ratio of 0.16. The company’s 50 day simple moving average is $28.37 and its 200 day simple moving average is $31.17. Leonardo has a 52-week low of $25.59 and a 52-week high of $37.51.

Analysts Set New Price Targets

Several research analysts have commented on FINMY shares. BNP Paribas Exane raised Leonardo to an “outperform” rating in a research report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Leonardo in a research note on Friday, August 14th. Royal Bank Of Canada assumed coverage on Leonardo in a report on Tuesday, August 11th. They issued a “moderate buy” rating for the company. Jefferies Financial Group raised shares of Leonardo from a “hold” rating to a “buy” rating in a report on Thursday, July 9th. Finally, Barclays reiterated an “overweight” rating on shares of Leonardo in a research report on Friday, July 3rd. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy”.

Leonardo Company Profile

Leonardo S.p.A. is an Italian aerospace, defense and security company formerly known as Finmeccanica. The company adopted the Leonardo name in 2016 and is headquartered in Rome, Italy. It serves government, defense and commercial customers in Italy and international markets.

Leonardo’s activities include the design, development and production of helicopters, military and civil aircraft, aircraft structures, defense electronics, radar and communication systems, cybersecurity solutions, and space technologies.