Safran SA (OTCMKTS:SAFRY) Short Interest Update

Safran SA (OTCMKTS:SAFRY – Get Rating) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 42,300 shares, a growth of 17.2% from the February 13th total of 36,100 shares. Based on an average daily trading volume, of 283,900 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised shares of Safran from a “market perform” rating to an “outperform” rating in a research note on Friday, January 6th. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $140.25.

Safran Trading Down 1.4 %

Shares of OTCMKTS SAFRY opened at $35.03 on Monday. Safran has a twelve month low of $21.63 and a twelve month high of $36.70. The firm has a fifty day simple moving average of $34.89 and a 200 day simple moving average of $30.05. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.87 and a quick ratio of 0.64.

Safran Company Profile

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Safran SA engages in the design, manufacture, and sale of aircraft, defense, and communication equipment and technologies. It operates through the following segments: Aerospace Propulsion, Aircraft Equipment, Defense, and Aerosystems, 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, and drones.