Safran SA (OTCMKTS:SAFRY) Short Interest Update

Safran SA (OTCMKTS:SAFRYGet Free Report) was the recipient of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 104,387 shares, a decline of 14.2% from the February 12th total of 121,728 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 546,984 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 546,984 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

A number of research firms recently commented on SAFRY. Citigroup restated a “neutral” rating on shares of Safran in a research report on Tuesday, February 17th. Zacks Research lowered shares of Safran from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Safran has an average rating of “Buy”.

View Our Latest Stock Report on SAFRY

Safran Trading Up 2.0%

Shares of OTCMKTS:SAFRY opened at $88.21 on Tuesday. The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.18. The company has a 50 day moving average of $93.83 and a 200-day moving average of $89.04. Safran has a one year low of $54.57 and a one year high of $106.71.

About Safran

(Get Free Report)

Safran is a French multinational company active in aerospace, defense and security, with headquarters in the Paris area. The group was formed through the consolidation of long-established French aerospace and technology businesses and has developed into a broad supplier to commercial aviation, helicopters, space programs and military customers. Safran operates manufacturing, engineering and service facilities around the world to support original equipment manufacturers and aftermarket needs.

The company’s principal activities cover aircraft propulsion and equipment.

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