Safran SA (OTCMKTS:SAFRF – Get Free Report) crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $367.89 and traded as low as $346.5080. Safran shares last traded at $354.42, with a volume of 475 shares.
Safran Trading Down 4.5%
The company’s fifty day simple moving average is $377.25 and its 200-day simple moving average is $368.12.
About Safran
Safran (OTCMKTS:SAFRF) is a France-based aerospace and defense company that develops and manufactures equipment, systems and services for commercial aviation, military aircraft, helicopters and space applications. Its business spans aircraft propulsion, aerospace equipment, defense systems and aircraft interiors, serving aircraft manufacturers, airlines, armed forces and other aviation customers worldwide.
Safran is a major producer of aircraft engines through CFM International, its 50-50 joint venture with GE Aerospace.
Recommended Stories
- Five stocks we like better than Safran
- Is Texas Instruments Setting Up for Its Next Big Breakout?
- Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow
- Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was
- Tesla’s Flying-Car Hype Hits an Earnings Reality Check
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.
