Thales (OTCMKTS:THLLY) Stock Price Down 2.4% – Time to Sell?

by · The Markets Daily

Thales S.A. (OTCMKTS:THLLY – Get Free Report) shares dropped 2.4% on Thursday. The stock traded as low as $49.84 and last traded at $49.92. 81,806 shares changed hands during trading, an increase of 13% from the average daily volume of 72,662 shares. The stock had previously closed at $51.15.

Analyst Ratings Changes

Separately, Royal Bank Of Canada initiated coverage on shares of Thales in a research note on Tuesday, August 11th. They issued a “moderate buy” rating on the stock. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Read Our Latest Research Report on Thales

Thales Trading Down 2.4%

The company has a fifty day moving average of $52.38 and a two-hundred day moving average of $55.71.

Thales Company Profile

(Get Free Report)

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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