Shares of Safran SA (EPA:SAF – Get Free Report) were down 1% during mid-day trading on Friday . The company traded as low as €208.10 ($219.05) and last traded at €208.10 ($219.05). Approximately 515,921 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 1,060,000 shares. The stock had previously closed at €210.30 ($221.37).
Safran Stock Down 1.0 %
The company has a fifty day moving average of €213.95 and a 200 day moving average of €206.25.
About Safran
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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