Leonardo (OTCMKTS:FINMY) Sees Strong Trading Volume - Still a Buy?

Leonardo S.P.A. - Unsponsored ADR (OTCMKTS:FINMY - Get Free Report) shares saw an uptick in trading volume on Friday . 670,491 shares traded hands during trading, an increase of 444% from the previous session's volume of 123,304 shares.The stock last traded at $28.50 and had previously closed at $27.59.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on FINMY shares. Citigroup lowered shares of Leonardo from a "strong-buy" rating to a "neutral" rating in a research note on Friday, April 4th. UBS Group downgraded shares of Leonardo from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th. Finally, Jefferies Financial Group reissued a "buy" rating on shares of Leonardo in a report on Friday, May 2nd.

Leonardo Stock Up 0.3%

The business has a 50 day moving average of $28.13 and a 200 day moving average of $23.48. The company has a quick ratio of 0.61, a current ratio of 0.96 and a debt-to-equity ratio of 0.23.

Leonardo Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, July 10th. Stockholders of record on Wednesday, June 25th were issued a dividend of $0.1604 per share. The ex-dividend date of this dividend was Tuesday, June 24th. This is an increase from Leonardo's previous dividend of $0.05. This represents a dividend yield of 0.58%.

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.