Thales (OTCMKTS:THLLY) Trading Down 0.9% – Should You Sell?

Thales S.A. (OTCMKTS:THLLY) traded down 0.9% on Thursday . The stock traded as low as $61.08 and last traded at $61.66. 89,207 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 81,253 shares. The stock had previously closed at $62.24.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded Thales to an “outperform” rating in a report on Tuesday, January 6th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Thales presently has a consensus rating of “Hold”.

Thales Stock Down 0.9%

The business has a fifty day moving average of $56.11 and a 200-day moving average of $56.53.

Thales Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 2nd were paid a dividend of $0.136 per share. The ex-dividend date was Monday, December 1st. This represents a dividend yield of 115.0%.

Thales Company Profile

Thales is a global technology leader specializing in the design and integration of advanced systems across the aerospace, defense, transportation and security sectors. The company delivers a wide range of products and services, including avionics and flight management systems for commercial and military aircraft, radar and sonar solutions, secure communications networks, and safety-critical control systems for rail and urban transport. In the security domain, Thales offers identity verification platforms, cybersecurity solutions and data protection services to public and private institutions.

In aerospace, Thales provides cockpit avionics, in-flight entertainment systems and satellite-based navigation equipment that support airlines and aircraft manufacturers worldwide.