Technip Energies (OTCMKTS:THNPY) Upgraded at Zacks Research

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

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

Technip Energies Price Performance

Shares of OTCMKTS THNPY opened at $31.86 on Monday. Technip Energies has a 1 year low of $30.41 and a 1 year high of $48.27. The firm has a fifty day moving average price of $34.25 and a 200-day moving average price of $39.13. 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 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.