UniCredit (OTCMKTS:UNCFF) Reaches New 52-Week High - Here's Why

Key Points

• UniCredit's shares have reached a new 52-week high at $76.26, reflecting an increase from the previous close of $73.32.
• An institutional investor, Generali Investments CEE, has acquired a new position in UniCredit, purchasing 16,163 shares valued at approximately $901,000.
• The company's current financial metrics include a debt-to-equity ratio of 1.44 and both quick and current ratios of 1.10.

UniCredit (OTCMKTS:UNCFF - Get Free Report)'s stock price hit a new 52-week high on Monday . The company traded as high as $76.26 and last traded at $76.26, with a volume of 923 shares traded. The stock had previously closed at $73.32.

UniCredit Price Performance

The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.10 and a current ratio of 1.10. The stock's 50-day moving average is $68.80 and its two-hundred day moving average is $60.03.

Institutional Investors Weigh In On UniCredit

A hedge fund recently bought a new stake in UniCredit stock. Generali Investments CEE investicni spolecnost a.s. purchased a new position in UniCredit (OTCMKTS:UNCFF - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 16,163 shares of the financial services provider's stock, valued at approximately $901,000.

UniCredit Company Profile

UniCredit S.p.A. provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe. It offers retail, private, and wealth management solutions; and institutional investor solutions. The company also provides corporate finance advisory, rating advisory, financial sponsor, patient capital, capital structure advisory, and finance solutions, as well as securities services.