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

UniCredit (OTCMKTS:UNCFFGet Free Report) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $101.3875 and last traded at $101.3875, with a volume of 176 shares trading hands. The stock had previously closed at $99.6250.

UniCredit Trading Down 1.3%

The business has a 50 day simple moving average of $95.90 and a 200 day simple moving average of $86.58. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.15 and a quick ratio of 1.15.

UniCredit Company Profile

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UniCredit S.p.A. is a pan-European commercial bank headquartered in Milan, Italy. The group provides banking and financial services to individuals, households, small and medium-sized businesses, large corporations and institutional clients.

Its activities include retail and private banking, consumer and business lending, deposit products, payment services, wealth management, investment banking, capital-markets services and asset-management solutions. UniCredit also supports corporate clients with trade finance, cash management, advisory services and financing for domestic and international operations.

The bank has historical roots in Italy and was formed in 1998 through the merger of several Italian banking institutions.

Further Reading

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