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UniCredit (OTCMKTS:UNCFF) Sets New 52-Week High - Here's What Happened

UniCredit logo with Finance background

UniCredit S.p.A. (OTCMKTS:UNCFF - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $64.66 and last traded at $64.00, with a volume of 5626 shares trading hands. The stock had previously closed at $61.16.

UniCredit Stock Performance

The firm's 50 day moving average is $57.55 and its 200 day moving average is $49.17.

Hedge Funds Weigh In On UniCredit

An institutional investor recently bought a new position in UniCredit stock. Generali Investments CEE investicni spolecnost a.s. purchased a new position in UniCredit S.p.A. (OTCMKTS:UNCFF - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 16,163 shares of the financial services provider's stock, valued at approximately $901,000.

UniCredit Company Profile

(Get Free Report)

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.

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