Thales (OTCMKTS:THLLY) Trading 0.9% Higher – What’s Next?

Thales S.A. (OTCMKTS:THLLY)’s share price was up 0.9% during trading on Friday . The stock traded as high as $62.40 and last traded at $62.32. Approximately 40,766 shares traded hands during trading, a decline of 66% from the average daily volume of 119,487 shares. The stock had previously closed at $61.76.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on THLLY shares. Jefferies Financial Group raised Thales from a “hold” rating to a “buy” rating in a report on Friday, January 30th. Sanford C. Bernstein upgraded Thales to an “outperform” rating in a research note on Tuesday, January 6th. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Thales currently has a consensus rating of “Moderate Buy”.

Thales Trading Up 0.9%

The firm has a fifty day simple moving average of $58.55 and a two-hundred day simple moving average of $56.95.

Thales Dividend Announcement

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

About Thales

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.