UniCredit (OTCMKTS:UNCFF) Hits New 12-Month High – Here’s Why

Shares of UniCredit S.p.A. (OTCMKTS:UNCFFGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $52.69 and last traded at $51.80, with a volume of 12265 shares changing hands. The stock had previously closed at $49.92.

UniCredit Trading Up 3.8 %

The business’s fifty day moving average price is $44.64 and its 200 day moving average price is $42.81.

Institutional Investors Weigh In On UniCredit

An institutional investor recently raised its position in UniCredit stock. GAMMA Investing LLC increased its stake in shares of UniCredit S.p.A. (OTCMKTS:UNCFFFree Report) by 331.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,332 shares of the financial services provider’s stock after buying an additional 1,792 shares during the quarter. GAMMA Investing LLC’s holdings in UniCredit were worth $93,000 at the end of the most recent reporting period.

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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