Technip Energies (OTCMKTS:THNPF) Shares Up 7.7% – Time to Buy?

Technip Energies (OTCMKTS:THNPFGet Free Report)’s stock price traded up 7.7% during trading on Thursday . The stock traded as high as $41.23 and last traded at $41.23. 300 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 360 shares. The stock had previously closed at $38.30.

Analyst Ratings Changes

Separately, UBS Group started coverage on Technip Energies in a research report on Tuesday, February 10th. They set a “neutral” rating for the company. Four equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

Read Our Latest Stock Report on THNPF

Technip Energies Price Performance

The business’s 50 day moving average price is $38.55 and its two-hundred day moving average price is $42.79.

About Technip Energies

(Get Free Report)

Technip Energies is a global engineering and technology company specializing in the energy sector. Established as an independent entity in January 2021 through the spin-off of TechnipFMC’s engineering and construction activities, the company builds on a legacy that dates back to Technip’s founding in 1958. Headquartered in Paris, France, Technip Energies provides a broad range of services to oil and gas, liquefied natural gas (LNG) and low-carbon energy clients worldwide.

The company’s core offerings include engineering, procurement and construction (EPC) services as well as proprietary technology licensing.

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