Safran (OTCMKTS:SAFRY) Cut to "Equal Weight" at Morgan Stanley

Safran (OTCMKTS:SAFRY - Get Free Report) was downgraded by research analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating in a research report issued on Thursday, Marketbeat Ratings reports.

Safran Stock Up 0.9 %

OTCMKTS SAFRY traded up $0.51 during trading on Thursday, hitting $57.71. The stock had a trading volume of 143,128 shares, compared to its average volume of 152,093. The stock has a 50 day simple moving average of $56.39 and a 200 day simple moving average of $55.83. Safran has a one year low of $45.06 and a one year high of $60.57. The company has a quick ratio of 0.61, a current ratio of 0.88 and a debt-to-equity ratio of 0.35.

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.