Short Interest in Leonardo S.p.a. (OTCMKTS:FINMY) Rises By 587.9%

Leonardo S.p.a. (OTCMKTS:FINMY – Get Rating) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totalling 22,700 shares, a growth of 587.9% from the April 15th total of 3,300 shares. Based on an average daily volume of 17,300 shares, the short-interest ratio is currently 1.3 days.

Shares of Leonardo stock opened at $5.00 on Thursday. The company has a fifty day moving average of $5.03 and a 200 day moving average of $4.10. Leonardo has a fifty-two week low of $3.24 and a fifty-two week high of $5.48. The company has a quick ratio of 0.65, a current ratio of 1.00 and a debt-to-equity ratio of 0.64.

Leonardo (OTCMKTS:FINMY – Get Rating) last released its quarterly earnings data on Thursday, March 10th. The company reported $0.36 EPS for the quarter. The company had revenue of $5.23 billion for the quarter.

Several research firms have recently commented on FINMY. Morgan Stanley upgraded Leonardo from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, April 20th. Deutsche Bank Aktiengesellschaft upgraded Leonardo from a “hold” rating to a “buy” rating in a research note on Tuesday, April 12th.

Leonardo Company Profile (Get Rating)

Leonardo S.p.a., an industrial and technological company, engages in the helicopters, defense electronics and security systems, aeronautics, space, and other businesses in Italy, the United Kingdom, rest of Europe, the United States, and internationally. The company offers a range of helicopters for battlefield, combat, maritime, training, executive and private transport, medical and rescue, security, energy, and utility services, as well as provides support and training services.

Further Reading