Safran SA (EPA:SAF – Get Free Report)’s stock price dropped 1.8% on Tuesday . The stock traded as low as €204.20 ($219.57) and last traded at €204.90 ($220.32). Approximately 406,845 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 1,060,000 shares. The stock had previously closed at €208.60 ($224.30).
Safran Stock Performance
The firm’s 50 day moving average price is €202.54 and its two-hundred day moving average price is €176.41.
Safran Company Profile
Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, satellites, and drones; and offers maintenance, repair, and overhaul (MRO) services, as well as sells spare parts.
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