Safran (EPA:SAF) Trading 1.8% Higher – Should You Buy?

Safran SA (EPA:SAFGet Free Report) shares shot up 1.8% on Monday . The company traded as high as €308.00 and last traded at €308.00. 479,931 shares changed hands during trading, a decline of 55% from the average session volume of 1,060,000 shares. The stock had previously closed at €302.50.

Safran Price Performance

The business has a fifty day moving average of €303.97 and a 200-day moving average of €297.33.

About Safran

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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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