UniCredit (OTCMKTS:UNCFF) Sets New 52-Week High – Should You Buy?

UniCredit S.p.A. (OTCMKTS:UNCFFGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $55.71 and last traded at $53.84, with a volume of 27383 shares trading hands. The stock had previously closed at $53.01.

UniCredit Stock Up 1.6 %

The company’s fifty day moving average is $45.78 and its 200-day moving average is $43.24.

Institutional Trading of UniCredit

A hedge fund recently raised its stake in UniCredit stock. GAMMA Investing LLC boosted its holdings in UniCredit S.p.A. (OTCMKTS:UNCFFFree Report) by 331.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,332 shares of the financial services provider’s stock after buying an additional 1,792 shares during the period. GAMMA Investing LLC’s holdings in UniCredit were worth $93,000 as of its most recent SEC filing.

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.

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