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Leonardo (OTCMKTS:FINMY) Share Price Passes Below Fifty Day Moving Average - Here's What Happened

Leonardo logo with Business Services background

Shares of Leonardo S.P.A. - Unsponsored ADR (OTCMKTS:FINMY - Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $28.26 and traded as low as $27.70. Leonardo shares last traded at $28.49, with a volume of 941,699 shares traded.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on FINMY shares. Jefferies Financial Group restated a "buy" rating on shares of Leonardo in a research report on Friday, May 2nd. Citigroup lowered Leonardo from a "strong-buy" rating to a "neutral" rating in a research report on Friday, April 4th.

View Our Latest Stock Report on FINMY

Leonardo Stock Performance

The business has a 50-day simple moving average of $28.37 and a 200 day simple moving average of $23.86. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.96 and a quick ratio of 0.61.

Leonardo Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, July 10th. Shareholders of record on Wednesday, June 25th were given a $0.1604 dividend. This represents a dividend yield of 0.58%. The ex-dividend date was Tuesday, June 24th. This is a positive change from Leonardo's previous dividend of $0.05.

About Leonardo

(Get Free Report)

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.

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