Leonardo S.P.A. - Unsponsored ADR (OTCMKTS:FINMY) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Leonardo S.P.A. - Unsponsored ADR has received a consensus recommendation of "Moderate Buy" from six research firms, with a mix of ratings including three holds, two buys, and one strong buy.
• The company's stock is currently priced at $27.63, down 0.3%, with a 50-day moving average of $27.58 and a 200-day moving average of $26.58.
• Leonardo recently increased its dividend to $0.1604, yielding 58.0%, a significant rise from its previous dividend of $0.05.

Leonardo S.P.A. - Unsponsored ADR (OTCMKTS:FINMY - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the six brokerages that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

FINMY has been the subject of a number of research reports. Barclays raised shares of Leonardo to a "hold" rating in a research report on Monday, September 8th. Kepler Capital Markets raised shares of Leonardo from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 31st.

Leonardo Price Performance

FINMY traded up $1.12 on Wednesday, reaching $30.70. The company had a trading volume of 64,337 shares, compared to its average volume of 146,791. Leonardo has a 1 year low of $10.94 and a 1 year high of $31.63. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.96 and a quick ratio of 0.61. The stock has a 50-day moving average price of $27.71 and a 200-day moving average price of $26.82.

Leonardo Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, July 10th. Investors of record on Wednesday, June 25th were given a $0.1604 dividend. This represents a yield of 58.0%. This is a boost from Leonardo's previous dividend of $0.05. The ex-dividend date of this dividend was Tuesday, June 24th.

About Leonardo

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.