UniCredit (OTCMKTS:UNCRY) Hits New 1-Year High - Should You Buy?

Key Points

• UniCredit's share price reached a new 52-week high of $37.28, closing slightly lower at $37.26 with a trading volume of 13,352 shares.
• Wall Street analysts, specifically Keefe, Bruyette & Woods, downgraded UniCredit's rating from "moderate buy" to "hold".
• The company's stock shows significant trends with a 50-day moving average of $33.60 and a 200-day moving average of $29.42.

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $37.28 and last traded at $37.26, with a volume of 13352 shares changing hands. The stock had previously closed at $36.13.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods downgraded UniCredit from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 15th.

UniCredit Trading Up 0.9%

The stock has a fifty day moving average price of $33.82 and a two-hundred day moving average price of $29.58.

About UniCredit

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.