Safran (OTCMKTS:SAFRY) Stock Price Up 2.1% – What’s Next?

Safran SA (OTCMKTS:SAFRY)’s stock price rose 2.1% during trading on Wednesday . The company traded as high as $55.28 and last traded at $55.20. Approximately 151,076 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 160,605 shares. The stock had previously closed at $54.05.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded Safran to a “moderate buy” rating in a report on Wednesday, September 11th.

Safran Trading Up 2.1 %

The company has a quick ratio of 0.61, a current ratio of 0.88 and a debt-to-equity ratio of 0.35. The firm’s fifty day moving average price is $57.32 and its 200-day moving average price is $55.91.

Safran Company Profile

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.