Safran (EPA:SAF) Shares Down 0.4% – Time to Sell?

Safran SA (EPA:SAFGet Free Report)’s stock price dropped 0.4% during mid-day trading on Friday . The company traded as low as €298.90 and last traded at €299.30. Approximately 76,926 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 1,060,000 shares. The stock had previously closed at €300.40.

Safran Stock Performance

The business has a 50-day moving average price of €299.34 and a 200 day moving average price of €288.46.

About Safran

(Get Free Report)

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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