Thales (OTCMKTS:THLLY) Shares Gap Up – Here’s What Happened

Thales S.A. (OTCMKTS:THLLY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $51.57, but opened at $54.41. Thales shares last traded at $55.03, with a volume of 1,998 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research raised Thales to a “hold” rating in a research note on Wednesday, May 13th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Thales Price Performance

The firm’s fifty day moving average price is $53.20 and its 200-day moving average price is $56.87.

Thales Company Profile

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.