Safran (OTCMKTS:SAFRF) Stock Price Up 1.9% – Should You Buy?

Safran SA (OTCMKTS:SAFRF) shot up 1.9% on Wednesday . The company traded as high as $222.51 and last traded at $219.36. 1,320 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 2,406 shares. The stock had previously closed at $215.25.

Safran Trading Down 0.4 %

The stock has a fifty day moving average of $228.55 and a 200-day moving average of $223.54.

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.