Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have received an average rating of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

Several research firms have recently weighed in on FINMY. Kepler Capital Markets raised shares of Leonardo from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 31st. Barclays upgraded shares of Leonardo to a “hold” rating in a report on Monday, September 8th.

Leonardo Stock Performance

Shares of OTCMKTS FINMY opened at $29.58 on Wednesday. The company’s 50-day simple moving average is $27.71 and its 200-day simple moving average is $26.73. Leonardo has a 52-week low of $10.94 and a 52-week high of $31.63. The company has a current ratio of 0.96, a quick ratio of 0.61 and a debt-to-equity ratio of 0.23.

Leonardo Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, July 10th. Shareholders of record on Wednesday, June 25th were issued a $0.1604 dividend. This represents a yield of 58.0%. The ex-dividend date was Tuesday, June 24th. This is a positive change from Leonardo’s previous dividend of $0.05.

About Leonardo

Leonardo S.p.a., an industrial and technological company, engages in the helicopters, defense electronics and security, aircraft, aerostructures, and space sectors 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, VIP/executive transport, medical and rescue, security, energy, and utility services, as well as provides support and training services.