Shares of Safran SA (OTCMKTS:SAFRY – Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $56.54 and traded as low as $54.41. Safran shares last traded at $55.22, with a volume of 148,890 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Royal Bank of Canada upgraded shares of Safran to a “moderate buy” rating in a report on Wednesday, September 11th.
Check Out Our Latest Stock Report on SAFRY
Safran Price Performance
Safran Company Profile
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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