Thales S.A. (OTCMKTS:THLLY – Get Free Report) shares traded down 2.4% on Thursday. The company traded as low as $49.84 and last traded at $49.92. Approximately 81,806 shares traded hands during mid-day trading, an increase of 13% from the average session volume of 72,662 shares. The stock had previously closed at $51.15.
Analyst Ratings Changes
Separately, Royal Bank Of Canada started coverage on shares of Thales in a research note on Tuesday, August 11th. They issued a “moderate buy” rating for the company. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.
Get Our Latest Analysis on Thales
Thales Stock Down 2.4%
The stock has a fifty day moving average of $52.38 and a 200 day moving average of $55.71.
Thales Company Profile
Thales is a France-based technology and defense company that develops systems and services for the aerospace, defense, transportation, digital identity and cybersecurity markets. The company serves governments, military organizations, businesses and infrastructure operators, with activities spanning secure communications, intelligence, surveillance, avionics and mission systems.
Its aerospace and space businesses provide aircraft equipment, flight management and cockpit systems, in-flight entertainment, air traffic management solutions and satellite-related technologies.
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