Leonardo (OTCMKTS:FINMF) Stock Price Down 2.4%

Leonardo S.p.a. (OTCMKTS:FINMF)’s share price fell 2.4% on Monday . The company traded as low as $23.27 and last traded at $23.27. 2,956 shares changed hands during trading, an increase of 56% from the average session volume of 1,900 shares. The stock had previously closed at $23.84.

Leonardo Price Performance

The company’s fifty day moving average is $24.19 and its 200-day moving average is $24.26.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Leonardo stock. Silvercrest Asset Management Group LLC acquired a new stake in Leonardo S.p.a. (OTCMKTS:FINMF) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 37,095 shares of the company’s stock, valued at approximately $933,000. Institutional investors own 18.02% of the company’s stock.

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.