Thales (OTCMKTS:THLLY) Trading 1.2% Higher – Should You Buy?

Shares of Thales S.A. (OTCMKTS:THLLY) traded up 1.2% during trading on Wednesday . The stock traded as high as $60.25 and last traded at $60.02. 64,722 shares were traded during mid-day trading, a decline of 43% from the average session volume of 113,674 shares. The stock had previously closed at $59.30.

Analysts Set New Price Targets

THLLY has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Thales in a research note on Tuesday, September 16th. The Goldman Sachs Group began coverage on shares of Thales in a report on Friday, September 19th. They set a “sell” rating for the company. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Thales presently has an average rating of “Hold”.

Thales Trading Up 1.2%

The firm’s 50 day simple moving average is $55.27 and its two-hundred day simple moving average is $55.91.

Thales Company Profile

Thales SA provides various solutions in the defence and security, aerospace and space, digital identity and security, and transport markets worldwide. It operates through Aerospace, Defence & Security, Digital Identity & Security, and Ground Transportation Systems business 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.