Technip Energies (OTCMKTS:THNPY – Get Free Report) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Wednesday,Zacks.com reports.
Technip Energies Price Performance
THNPY opened at $34.16 on Wednesday. The stock’s 50-day moving average price is $39.60 and its 200 day moving average price is $40.75. Technip Energies has a 12-month low of $33.61 and a 12-month high of $49.18.
About Technip Energies
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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