Thales (OTCMKTS:THLLY) Shares Gap Down – Should You Sell?

Thales S.A. (OTCMKTS:THLLY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $54.34, but opened at $51.70. Thales shares last traded at $51.64, with a volume of 2,701 shares trading hands.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Citigroup reissued a “buy” rating on shares of Thales in a report on Tuesday. Zacks Research upgraded shares of Thales to a “hold” rating in a research report on Wednesday, May 13th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Thales currently has a consensus rating of “Moderate Buy”.

Thales Stock Performance

The company has a 50-day moving average of $53.17 and a 200 day moving average of $56.91.

Thales Company Profile

Thales is a global technology leader specializing in the design and integration of advanced systems across the aerospace, defense, transportation and security sectors. The company delivers a wide range of products and services, including avionics and flight management systems for commercial and military aircraft, radar and sonar solutions, secure communications networks, and safety-critical control systems for rail and urban transport. In the security domain, Thales offers identity verification platforms, cybersecurity solutions and data protection services to public and private institutions.

In aerospace, Thales provides cockpit avionics, in-flight entertainment systems and satellite-based navigation equipment that support airlines and aircraft manufacturers worldwide.