Thales S.A. (OTCMKTS:THLLY – Get Rating) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 43,500 shares, an increase of 195.9% from the March 31st total of 14,700 shares. Based on an average daily volume of 91,400 shares, the short-interest ratio is presently 0.5 days.
A number of research analysts recently commented on the stock. Societe Generale downgraded shares of Thales from a “buy” rating to a “hold” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft increased their target price on shares of Thales from €110.00 ($118.28) to €137.00 ($147.31) and gave the company a “buy” rating in a research report on Tuesday, April 12th. Jefferies Financial Group raised shares of Thales from a “hold” rating to a “buy” rating in a research report on Tuesday, March 1st. Finally, Morgan Stanley cut shares of Thales from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, April 20th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Thales currently has an average rating of “Buy” and an average price target of $118.50.
Shares of THLLY stock traded down $0.27 during mid-day trading on Friday, hitting $25.45. The stock had a trading volume of 29,460 shares, compared to its average volume of 141,562. Thales has a fifty-two week low of $15.69 and a fifty-two week high of $27.94. The company’s 50-day simple moving average is $25.09 and its 200-day simple moving average is $20.45.
Thales SA provides various solutions for civilian and military customers in the aeronautics, space, defense, security, and ground transportation markets worldwide. It operates through Aerospace, Transport, Defence & Security, and Digital Identity & Security segments. The company offers communications, command, and control systems; mission services and support; protection and mission/combat systems; surveillance, detection, and intelligence systems; training and simulation solutions for air, land, naval, and joint forces; and digital identity and security solutions.
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