UniCredit (OTCMKTS:UNCFF) Reaches New 1-Year High – Here’s Why

UniCredit S.p.A. (OTCMKTS:UNCFFGet Free Report) shares hit a new 52-week high during trading on Friday . The stock traded as high as $48.33 and last traded at $47.66, with a volume of 4535 shares changing hands. The stock had previously closed at $46.69.

UniCredit Stock Up 2.1 %

The company has a fifty day moving average of $42.17 and a 200-day moving average of $41.82.

Institutional Inflows and Outflows

An institutional investor recently raised its position in UniCredit stock. GAMMA Investing LLC boosted its stake in UniCredit S.p.A. (OTCMKTS:UNCFFFree Report) by 331.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,332 shares of the financial services provider’s stock after purchasing 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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