UniCredit (OTCMKTS:UNCFF) Hits New 12-Month High – Should You Buy?

UniCredit (OTCMKTS:UNCFF)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $85.2525 and last traded at $83.50, with a volume of 6167 shares trading hands. The stock had previously closed at $82.4225.

UniCredit Stock Performance

The firm’s 50 day moving average is $78.02 and its two-hundred day moving average is $75.70.

Institutional Trading of UniCredit

An institutional investor recently raised its position in UniCredit stock. GAMMA Investing LLC grew its stake in UniCredit (OTCMKTS:UNCFF) by 52.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,562 shares of the financial services provider’s stock after buying an additional 1,230 shares during the quarter. GAMMA Investing LLC’s holdings in UniCredit were worth $274,000 at the end of the most recent reporting period.

About UniCredit

UniCredit is a Milan-based global banking and financial services group offering a comprehensive range of banking solutions. As one of Europe’s leading banking institutions, the firm provides services in retail banking, corporate and investment banking, commercial banking, private banking and asset management. UniCredit’s network spans key European markets, leveraging a diversified business model to serve individuals, small and medium-sized enterprises, and large corporate clients.

The group’s retail banking arm delivers deposit accounts, loans, payment services and digital banking platforms designed to meet the evolving needs of its broad customer base.