Safran SA (OTCMKTS:SAFRY – Get Free Report) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 114,139 shares, an increase of 23.5% from the December 31st total of 92,437 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 350,955 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 350,955 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are sold short.
Safran Price Performance
SAFRY opened at $89.95 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.93 and a quick ratio of 0.66. Safran has a 12 month low of $54.57 and a 12 month high of $96.45. The business has a 50 day simple moving average of $88.96 and a 200-day simple moving average of $86.66.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on SAFRY shares. Jefferies Financial Group reissued a “buy” rating on shares of Safran in a report on Friday, October 24th. Zacks Research cut shares of Safran from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.
Safran Company Profile
Safran is a French multinational company active in aerospace, defense and security, with headquarters in the Paris area. The group was formed through the consolidation of long-established French aerospace and technology businesses and has developed into a broad supplier to commercial aviation, helicopters, space programs and military customers. Safran operates manufacturing, engineering and service facilities around the world to support original equipment manufacturers and aftermarket needs.
The company’s principal activities cover aircraft propulsion and equipment.
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