Shares of Safran SA (EPA:SAF – Get Free Report) fell 0.6% during mid-day trading on Monday . The company traded as low as €236.00 ($245.83) and last traded at €236.50 ($246.35). 554,607 shares traded hands during trading, a decline of 48% from the average session volume of 1,060,000 shares. The stock had previously closed at €237.90 ($247.81).
Safran Stock Up 1.3 %
The firm has a 50 day moving average price of €217.65 and a 200 day moving average price of €208.98.
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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