Safran (OTCMKTS:SAFRY) Sets New 12-Month High – Here’s What Happened

Shares of Safran SA (OTCMKTS:SAFRY) hit a new 52-week high on Monday . The stock traded as high as $73.26 and last traded at $72.94, with a volume of 187325 shares traded. The stock had previously closed at $71.67.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets upgraded Safran from a “hold” rating to a “strong-buy” rating in a report on Monday, April 28th.

Safran Price Performance

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.61 and a current ratio of 0.88. The business has a 50 day moving average of $65.28 and a two-hundred day moving average of $61.53.

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.