Safran (OTCMKTS:SAFRF) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Shares of Safran SA (OTCMKTS:SAFRFGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $228.64 and traded as high as $235.50. Safran shares last traded at $233.40, with a volume of 473 shares changing hands.

Safran Stock Down 0.4 %

The stock has a fifty day simple moving average of $228.64 and a two-hundred day simple moving average of $223.32.

Safran Company Profile

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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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