Safran SA (EPA:SAF – Get Free Report) shares shot up 1.2% on Wednesday . The stock traded as high as €257.10 ($279.46) and last traded at €253.90 ($275.98). 526,836 shares changed hands during trading, a decline of 50% from the average session volume of 1,060,000 shares. The stock had previously closed at €251.00 ($272.83).
Safran Stock Down 1.0 %
The company has a 50-day simple moving average of €245.45 and a two-hundred day simple moving average of €223.94.
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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