Safran (OTCMKTS:SAFRF) Trading Up 1.9% – What’s Next?

Safran SA (OTCMKTS:SAFRFGet Free Report) shares rose 1.9% during trading on Wednesday . The company traded as high as $222.51 and last traded at $219.36. Approximately 1,320 shares were traded during trading, a decline of 45% from the average daily volume of 2,406 shares. The stock had previously closed at $215.25.

Safran Price Performance

The company’s 50 day moving average is $228.55 and its two-hundred day moving average is $223.54.

About Safran

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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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