Leonardo (OTCMKTS:FINMY) Stock Crosses Above 50 Day Moving Average - Should You Sell?

Leonardo S.p.a. (OTCMKTS:FINMY - Get Free Report) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $25.61 and traded as high as $29.38. Leonardo shares last traded at $29.12, with a volume of 53,437 shares.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Jefferies Financial Group reiterated a "buy" rating on shares of Leonardo in a report on Friday, May 2nd. Citigroup lowered shares of Leonardo from a "strong-buy" rating to a "neutral" rating in a report on Friday, April 4th. Finally, UBS Group lowered shares of Leonardo from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th.

Leonardo Stock Up 0.3%

The company has a current ratio of 0.95, a quick ratio of 0.58 and a debt-to-equity ratio of 0.26. The company's 50-day moving average is $26.10 and its two-hundred day moving average is $19.87.

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.