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

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 32,958 shares, a drop of 39.6% from the January 29th total of 54,537 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 116,192 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 116,192 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Leonardo Trading Up 0.7%

Leonardo stock traded up $0.23 during mid-day trading on Friday, hitting $33.49. The company had a trading volume of 54,665 shares, compared to its average volume of 108,367. Leonardo has a 12 month low of $19.87 and a 12 month high of $35.30. The stock’s 50 day moving average price is $32.51 and its two-hundred day moving average price is $30.17. The company has a current ratio of 0.97, a quick ratio of 0.59 and a debt-to-equity ratio of 0.19.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Jefferies Financial Group reiterated a “buy” rating on shares of Leonardo in a report on Friday, January 30th. Deutsche Bank Aktiengesellschaft downgraded shares of Leonardo from a “buy” rating to a “hold” rating in a research report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

About Leonardo

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.