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UniCredit (OTCMKTS:UNCFF) Shares Gap Up - Time to Buy?

UniCredit logo with Finance background

Key Points

  • UniCredit shares gapped up from a previous close of $75.75 to open at $78.80, indicating strong market interest before trading began on Friday.
  • A hedge fund, Generali Investments CEE investicni spolecnost a.s., has recently purchased a new stake in UniCredit, acquiring 16,163 shares valued at approximately $901,000.
  • UniCredit operates as a financial services provider across Italy, Germany, and Eastern Europe, offering services that include retail, private, and wealth management solutions.
  • Interested in UniCredit? Here are five stocks we like better.

UniCredit (OTCMKTS:UNCFF - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $75.75, but opened at $78.80. UniCredit shares last traded at $78.80, with a volume of 2,150 shares traded.

UniCredit Stock Performance

The stock's fifty day moving average is $76.51 and its two-hundred day moving average is $66.63. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.44.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in UniCredit stock. Generali Investments CEE investicni spolecnost a.s. acquired a new stake in UniCredit (OTCMKTS:UNCFF - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The firm acquired 16,163 shares of the financial services provider's stock, valued at approximately $901,000.

About UniCredit

(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.

See Also

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