Thales (OTCMKTS:THLLY) Stock Price Down 0.1% – Here’s What Happened
by Amy Steele · The Cerbat GemThales S.A. (OTCMKTS:THLLY – Get Free Report) shares fell 0.1% during trading on Thursday . The company traded as low as $61.68 and last traded at $62.72. 82,616 shares changed hands during mid-day trading, an increase of 12% from the average session volume of 73,503 shares. The stock had previously closed at $62.80.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Thales in a report on Tuesday, September 16th. The Goldman Sachs Group assumed coverage on shares of Thales in a research report on Friday, September 19th. They set a “sell” rating for the company. Finally, Sanford C. Bernstein raised shares of Thales to an “outperform” rating in a research report on Tuesday. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Thales presently has an average rating of “Hold”.
View Our Latest Report on Thales
Thales Stock Down 1.1%
The stock has a 50 day simple moving average of $54.53 and a two-hundred day simple moving average of $56.16.
Thales Dividend Announcement
The firm also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 2nd were paid a dividend of $0.136 per share. The ex-dividend date was Monday, December 1st. This represents a yield of 115.0%.
About Thales
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.