Safran SA (OTCMKTS:SAFRY - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 342,165 shares traded hands during trading, an increase of 20% from the previous session's volume of 285,148 shares.The stock last traded at $87.00 and had previously closed at $86.31.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the company. Citigroup lowered Safran from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, June 10th. Sanford C. Bernstein upgraded Safran from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 21st. Barclays reiterated an "overweight" rating on shares of Safran in a report on Wednesday, June 25th. Finally, The Goldman Sachs Group began coverage on Safran in a report on Friday, September 19th. They issued a "buy" rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Safran currently has an average rating of "Buy".
Get Our Latest Research Report on SAFRY
Safran Trading Up 0.3%
The company has a quick ratio of 0.66, a current ratio of 0.93 and a debt-to-equity ratio of 0.20. The firm has a 50 day simple moving average of $83.59 and a two-hundred day simple moving average of $75.31.
About Safran
(
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Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, satellites, and drones; and offers maintenance, repair, and overhaul (MRO) services, as well as sells spare parts.
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