Safran (OTCMKTS:SAFRY) Downgraded by Morgan Stanley to “Equal Weight”

Safran (OTCMKTS:SAFRY) was downgraded by equities research analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research report issued on Thursday,Briefing.com Automated Import reports.

Safran Price Performance

Shares of SAFRY stock opened at $57.14 on Thursday. The company has a quick ratio of 0.61, a current ratio of 0.88 and a debt-to-equity ratio of 0.35. Safran has a 12-month low of $45.06 and a 12-month high of $60.57. The business’s fifty day simple moving average is $56.42 and its 200-day simple moving average is $55.82.

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.