Thales (OTCMKTS:THLLY) Shares Gap Down – What’s Next?

Thales S.A. (OTCMKTS:THLLYGet Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $54.34, but opened at $51.70. Thales shares last traded at $51.64, with a volume of 2,701 shares traded.

Wall Street Analysts Forecast Growth

THLLY has been the subject of several research analyst reports. Citigroup reiterated a “buy” rating on shares of Thales in a research report on Tuesday. Zacks Research upgraded shares of Thales to a “hold” rating in a report on Wednesday, May 13th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Thales currently has an average rating of “Moderate Buy”.

Get Our Latest Stock Analysis on THLLY

Thales Trading Down 1.8%

The stock has a fifty day moving average of $53.08 and a 200-day moving average of $56.86.

Thales Company Profile

(Get Free Report)

Thales is a global technology leader specializing in the design and integration of advanced systems across the aerospace, defense, transportation and security sectors. The company delivers a wide range of products and services, including avionics and flight management systems for commercial and military aircraft, radar and sonar solutions, secure communications networks, and safety-critical control systems for rail and urban transport. In the security domain, Thales offers identity verification platforms, cybersecurity solutions and data protection services to public and private institutions.

In aerospace, Thales provides cockpit avionics, in-flight entertainment systems and satellite-based navigation equipment that support airlines and aircraft manufacturers worldwide.

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