Technip Energies (OTCMKTS:THNPY) Stock Rating Upgraded by UBS Group

Technip Energies (OTCMKTS:THNPY) was upgraded by analysts at UBS Group from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday, Zacks reports.

Several other equities analysts have also recently issued reports on the stock. Royal Bank Of Canada upgraded shares of Technip Energies from a “hold” rating to a “moderate buy” rating in a research note on Thursday, September 10th. Zacks Research upgraded shares of Technip Energies from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Technip Energies Trading Up 0.3%

Technip Energies stock opened at $33.63 on Wednesday. The stock has a fifty day simple moving average of $34.08 and a two-hundred day simple moving average of $38.86. Technip Energies has a 12 month low of $30.41 and a 12 month high of $48.27. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.04 and a quick ratio of 1.04.

About Technip Energies

Technip Energies N.V. is an engineering and technology company that designs and delivers complex projects for the energy and chemicals industries. Its services span project development, engineering, procurement, construction management, commissioning and technology licensing.

The company’s activities include liquefied natural gas infrastructure, offshore and floating LNG facilities, hydrogen and sustainable chemistry projects, ethylene plants, and carbon management solutions. Technip Energies also develops technologies intended to support lower-carbon energy systems and industrial decarbonization.

Technip Energies serves customers internationally through operations and projects across Europe, the Middle East, Asia, Africa and the Americas.