UniCredit (OTCMKTS:UNCRY) Trading Down 1% - Here's What Happened

Key Points

• UniCredit's stock price decreased by 1% on Monday, closing at $39.04 after trading as low as $38.91 during the day.
• Trading volume was approximately 206,188 shares, a decline of 23% compared to the average daily volume of 268,463 shares.
• Keefe, Bruyette & Woods downgraded UniCredit's rating from "moderate buy" to "hold" on May 15th, indicating analysts' changing sentiment towards the stock.

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY - Get Free Report)'s stock price was down 1% on Monday . The company traded as low as $38.91 and last traded at $39.04. Approximately 206,188 shares were traded during trading, a decline of 23% from the average daily volume of 268,463 shares. The stock had previously closed at $39.44.

Analyst Upgrades and Downgrades

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

UniCredit Stock Down 1.0%

The firm's 50-day simple moving average is $34.33 and its 200 day simple moving average is $30.09.

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.

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