Safran SA (OTCMKTS:SAFRF – Get Free Report)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $347.60 and traded as high as $349.1420. Safran shares last traded at $341.35, with a volume of 811 shares changing hands.
Safran Stock Down 0.5%
The firm’s 50-day simple moving average is $347.60 and its 200-day simple moving average is $334.43.
About Safran
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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