UniCredit (OTCMKTS:UNCFF) Sets New 52-Week High - What's Next?

Key Points

• UniCredit's share price reached a new 52-week high of $82.27 before closing at $81.40, indicating strong stock performance.
• Institutional investor Generali Investments CEE acquired 16,163 shares valued at approximately $901,000 in UniCredit during the first quarter.
• The company maintains a debt-to-equity ratio of 1.44, alongside quick and current ratios both at 1.10, reflecting a stable financial position.

UniCredit (OTCMKTS:UNCFF - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $82.27 and last traded at $81.40, with a volume of 2126 shares traded. The stock had previously closed at $82.21.

UniCredit Stock Up 0.8%

The company has a debt-to-equity ratio of 1.44, a current ratio of 1.10 and a quick ratio of 1.10. The company's 50 day simple moving average is $72.07 and its 200-day simple moving average is $62.81.

Institutional Trading of UniCredit

An institutional investor recently raised its position in UniCredit stock. GAMMA Investing LLC boosted its position in UniCredit (OTCMKTS:UNCFF - Free Report) by 5,505.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 130,723 shares of the financial services provider's stock after purchasing an additional 128,391 shares during the period. GAMMA Investing LLC's holdings in UniCredit were worth $7,328,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.