Safran SA (OTCMKTS:SAFRY - Get Free Report) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $66.37 and last traded at $66.19, with a volume of 560693 shares trading hands. The stock had previously closed at $64.36.
Wall Street Analyst Weigh In
Separately, Morgan Stanley downgraded Safran from an "overweight" rating to an "equal weight" rating in a research note on Thursday, January 16th.
Read Our Latest Report on Safran
Safran Stock Performance
The firm has a 50 day moving average of $60.30 and a 200-day moving average of $57.88. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.61 and a current ratio of 0.88.
Safran Company Profile
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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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