UniCredit (OTCMKTS:UNCFF) Sets New 52-Week High – What’s Next?

UniCredit S.p.A. (OTCMKTS:UNCFF) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $61.84 and last traded at $60.83, with a volume of 2914 shares changing hands. The stock had previously closed at $59.38.

UniCredit Price Performance

The company’s 50 day moving average is $49.96 and its 200 day moving average is $44.65.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in UniCredit stock. GAMMA Investing LLC increased its position in shares of UniCredit S.p.A. (OTCMKTS:UNCFF) by 331.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund 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 at the end of the most recent reporting period.

UniCredit Company Profile

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.