Thales (OTCMKTS:THLEF) Stock Price Up 0.2% – Here’s Why

Shares of Thales S.A. (OTCMKTS:THLEF) were up 0.2% on Monday . The company traded as high as $258.4775 and last traded at $258.4775. Approximately 80 shares traded hands during trading, a decline of 95% from the average daily volume of 1,568 shares. The stock had previously closed at $257.8499.

Thales Stock Up 0.2%

The company’s 50 day moving average price is $288.04 and its two-hundred day moving average price is $285.17.

Institutional Trading of Thales

A hedge fund recently raised its stake in Thales stock. Generali Investments CEE investicni spolecnost a.s. grew its holdings in shares of Thales S.A. (OTCMKTS:THLEF) by 6.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 21,552 shares of the company’s stock after buying an additional 1,289 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in Thales were worth $6,743,000 at the end of the most recent reporting period. Institutional investors own 20.76% of the company’s stock.

Thales Company Profile

Thales SA provides various solutions in the defence and security, aerospace and space, digital identity and security, and transport markets worldwide. It operates through Aerospace, Defence & Security, Digital Identity & Security, and Ground Transportation Systems business segments. The company offers communications, command, and control systems; mission services and support; protection and mission/combat systems; surveillance, detection, and intelligence systems; training and simulation solutions for air, land, naval, and joint forces; and digital identity and security solutions.