Safran SA (OTCMKTS:SAFRY – Get Free Report) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 187,756 shares, a growth of 82.7% from the July 15th total of 102,795 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 496,465 shares, the short-interest ratio is presently 0.4 days.
Safran Stock Up 1.2%
OTCMKTS:SAFRY opened at $104.14 on Friday. Safran has a one year low of $76.86 and a one year high of $106.71. The firm’s fifty day moving average price is $96.27 and its two-hundred day moving average price is $90.96. The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.18.
Analyst Upgrades and Downgrades
Several brokerages recently commented on SAFRY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Safran in a research report on Wednesday, July 29th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Safran in a research note on Wednesday, July 29th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Safran in a report on Thursday. DZ Bank downgraded shares of Safran from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. Finally, Citigroup reiterated a “neutral” rating on shares of Safran in a report on Monday, July 13th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Safran has a consensus rating of “Moderate Buy”.
Safran Company Profile
Safran is a French multinational company active in aerospace, defense and security, with headquarters in the Paris area. The group was formed through the consolidation of long-established French aerospace and technology businesses and has developed into a broad supplier to commercial aviation, helicopters, space programs and military customers. Safran operates manufacturing, engineering and service facilities around the world to support original equipment manufacturers and aftermarket needs.
The company’s principal activities cover aircraft propulsion and equipment.
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