Technip Energies (OTCMKTS:THNPY) Stock Moved Up to “Hold” by Zacks Research

Zacks Research upgraded shares of Technip Energies (OTCMKTS:THNPY) from a strong sell rating to a hold rating in a report released on Monday,Zacks reports.

Separately, Royal Bank Of Canada raised Technip Energies from a “hold” rating to a “moderate buy” rating in a research note on Thursday, September 10th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Technip Energies currently has a consensus rating of “Moderate Buy”.

Technip Energies Trading Up 0.7%

Shares of OTCMKTS:THNPY opened at $32.55 on Monday. The business’s 50 day simple moving average is $34.36 and its 200-day simple moving average is $39.17. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.04 and a quick ratio of 1.04. Technip Energies has a 12 month low of $30.41 and a 12 month high of $48.27.

Technip Energies Company Profile

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.