UniCredit (OTCMKTS:UNCFF) Hits New 12-Month High – Time to Buy?

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

UniCredit Stock Performance

The business has a 50-day moving average price of $46.37 and a two-hundred day moving average price of $43.45.

Hedge Funds Weigh In On 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% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 quarter.

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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