Thales (OTCMKTS:THLLY) Shares Up 0.6% – Here’s What Happened

Thales S.A. (OTCMKTS:THLLY) shot up 0.6% during trading on Thursday . The company traded as high as $59.23 and last traded at $58.31. 76,861 shares changed hands during trading, a decline of 29% from the average session volume of 108,704 shares. The stock had previously closed at $57.96.

Analyst Ratings Changes

A number of research firms have recently commented on THLLY. The Goldman Sachs Group began coverage on Thales in a research report on Friday, September 19th. They set a “sell” rating for the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Thales in a research report on Tuesday, September 16th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Thales Price Performance

The business has a 50-day moving average of $57.05 and a 200-day moving average of $56.77.

About Thales

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.