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- 1 Leonardo price increased by 4.35% over the past seven days.
- 2 Leonardo S.P.A. (MIL: LDO) stock’s 52-week price range is €9.77 – €12.08.
Leonardo stock’s earnings have increased by 17.8% annually on average, according to a financial website, Simply Wall St, that provides analysis and insights on stocks. This is much higher than the 9.5% annual growth rate of the Aerospace & Defense industry, showing that Leonardo is outperforming its peers. The company’s revenues have also risen by 4.2% per year on average, which reflects its strong performance. Leonardo’s return on equity is 11%, and it has net margins of 5.7%.
Simply Wall St also shows that Leonardo stock has a debt-to-equity ratio of 61.5%. This means it has €4.9 Billion of debt and €7.9 Billion of total shareholder equity. The company’s total assets are €28.8 Billion and its total liabilities are €20.9 Billion. Leonardo stock’s EBIT is €1.0 Billion, which gives it an interest coverage ratio of 7.7. It has cash and short-term investments of €1.1 Billion.
The market capitalization of LDO stock is €6.833 Billion and the total revenue is €14.713 Billion. Moreover, the stock’s basic EPS is €1.490 and the price-to-earnings ratio is 7.920. Moreover, the average volume is 2.508 Million and the current volume is 1.889 Million, the current volume is below average volume.
Moreover, the LDO stock has done well this month, increasing by 11.03% and surging by 21.33% in the last six months. Leonardo (MIL: LDO) stock has a positive year-to-date return of 43.03% and also a positive 1-year return of 19.61%.
Technical Analysis of Leonardo Price in 1-D Time Frame
Leonardo S.P.A.’s ( MIL: LDO) stock price has been on an upward trend for the past three months, rising by 11.01%. At the time of publication, LDO Price is trading at €12.055 and forming a wave of higher highs and higher lows.
Therefore, the LDO Price could continue to move upwards and reach the first and second targets of €12.345 and €12.865, if it maintains the current level. However, if the LDO price fails to sustain the current level and drops, then it might hit the nearest support levels of €11.420 and €10.715.
At the time of publishing, Leonardo S.P.A. is trading above the 20, 50, 100, and 200-day EMAs (exponential moving average), which supports the Leonardo stock price trend. Hence, Leonardo price is expected to move upwards giving bullish signals over the daily time frame chart.
The current value of RSI is 73.09 points. The 14 SMA is above the median line at 68.84 points which indicates that the price is bullish as the RSI is in bullish territory.
The MACD line at 0.3313 and signal line at 0.2880 are above the zero line and a bullish crossover was observed in the MACD oscillator which signals more bullishness for the LDO stock price.
Summary
Leonardo S.P.A. (MIL: LDO) shows that the investors and traders of the stock are bullish on the 1-D time frame. The price action shows a bullish outlook at the time of publishing. The technical parameters of the LDO stock price also support the bullish trend. The major indicators MACD, RSI, and EMA are giving positive signals and imply that the uptrend may continue in LDO stock price.
Technical Levels
- Support levels: The nearest support levels are €11.420 and €10.715.
- Resistance levels: The nearest resistance levels are €12.345 and €12.865.
Disclaimer
In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
