Safran SA (OTCMKTS:SAFRF – Get Free Report)’s share price dropped 2.3% during trading on Wednesday. The company traded as low as $343.1640 and last traded at $344.8220. 553 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 2,395 shares. The stock had previously closed at $352.8720.
Safran Trading Down 1.7%
The company’s 50-day simple moving average is $354.67 and its 200 day simple moving average is $363.87.
Safran Company Profile
Safran is a France-based aerospace and defense technology company that develops and manufactures equipment, systems and services for commercial aviation, military aviation and space applications. Its activities include aircraft propulsion, aerospace systems, aircraft equipment, defense systems and aircraft interiors. Through its aircraft-engine businesses and joint ventures, Safran participates in the design, production and maintenance of engines for commercial and military aircraft. Its CFM International joint venture with GE Aerospace produces the CFM56 and LEAP engine families, while Safran Helicopter Engines supplies engines for civil and military helicopters.
Featured Articles
- Five stocks we like better than Safran
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
Receive News & Ratings for Safran Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safran and related companies with MarketBeat.com's FREE daily email newsletter.
