Technip Energies (OTCMKTS:THNPY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Technip Energies (OTCMKTS:THNPYFree Report) from a strong sell rating to a hold rating in a report issued on Tuesday,Zacks.com reports.

Technip Energies Trading Down 2.0%

OTCMKTS THNPY opened at $37.20 on Tuesday. The stock has a 50-day simple moving average of $42.26 and a 200 day simple moving average of $40.71. Technip Energies has a 12 month low of $36.12 and a 12 month high of $49.18.

Technip Energies Company Profile

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Technip Energies N.V. is a global engineering and technology company formed in 2021 through the spin-off of the engineering and construction arm of TechnipFMC. Headquartered in Paris, France, the company specializes in delivering large-scale projects for the energy sector, with a particular emphasis on the transition to low-carbon solutions. Technip Energies combines deep technical expertise with integrated project management to support clients across the hydrocarbon value chain and emerging energy markets.

The company’s core offerings include front-end engineering design (FEED), detailed engineering, procurement and construction (EPC), and project management.

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