Safran SA (OTCMKTS:SAFRY - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $55.79 and traded as low as $54.73. Safran shares last traded at $54.93, with a volume of 141,999 shares trading 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 Analysis on SAFRY
Safran Stock Down 0.7 %
The stock has a 50-day moving average price of $57.11 and a 200-day moving average price of $55.79. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.61 and a current ratio of 0.88.
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.
Further Reading
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