Thales S.A. (OTCMKTS:THLLY – Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as $48.72 and last traded at $48.72, with a volume of 280753 shares changing hands. The stock had previously closed at $50.92.
Wall Street Analysts Forecast Growth
THLLY has been the subject of several research analyst reports. Royal Bank Of Canada started coverage on Thales in a research report on Tuesday, August 11th. They set a “moderate buy” rating for the company. Citigroup reaffirmed a “buy” rating on shares of Thales in a research note on Tuesday, July 7th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Thales currently has a consensus rating of “Moderate Buy”.
Get Our Latest Research Report on Thales
Thales Stock Up 0.3%
About Thales
Thales SE is a French technology and defense company that develops systems and services for the defense, aerospace, space, digital identity and security markets. Its offerings include radars, mission systems, secure communications, avionics, air traffic management solutions, satellite systems and cybersecurity technologies.
The company also provides digital identity and biometric solutions used by governments, financial institutions and other organizations. Its products and services support applications including border management, payment security, civil aviation, transportation and critical infrastructure protection.
Thales traces its origins to Thomson-CSF and adopted the Thales name in 2000.
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