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

Shares of UniCredit S.p.A. (OTCMKTS:UNCFFGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $51.97 and last traded at $49.91, with a volume of 5077 shares. The stock had previously closed at $50.37.

UniCredit Stock Up 1.2 %

The stock has a 50 day moving average price of $44.24 and a 200-day moving average price of $42.54.

Hedge Funds Weigh In On UniCredit

A hedge fund recently raised its stake in UniCredit stock. GAMMA Investing LLC grew its holdings in UniCredit S.p.A. (OTCMKTS:UNCFFFree Report) by 331.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,332 shares of the financial services provider’s stock after acquiring an additional 1,792 shares during the period. GAMMA Investing LLC’s holdings in UniCredit were worth $93,000 as of its most recent filing with the Securities & Exchange Commission.

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.

Further Reading

Receive News & Ratings for UniCredit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UniCredit and related companies with MarketBeat.com's FREE daily email newsletter.