Taylor Devices (TAYD) Downgraded by TheStreet
Separately, ValuEngine upgraded Taylor Devices from a hold rating to a buy rating in a research report on Friday, December 1st.
Taylor Devices (NASDAQ:TAYD) opened at $11.22 on Tuesday. Taylor Devices has a 1 year low of $10.62 and a 1 year high of $15.14. The stock has a market capitalization of $38.43, a P/E ratio of 24.93 and a beta of 0.63.
An institutional investor recently raised its position in Taylor Devices stock. Janney Montgomery Scott LLC increased its stake in shares of Taylor Devices, Inc. (NASDAQ:TAYD) by 183.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 187,155 shares of the industrial products company’s stock after acquiring an additional 121,200 shares during the quarter. Janney Montgomery Scott LLC owned approximately 5.41% of Taylor Devices worth $2,298,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 14.47% of the stock is owned by hedge funds and other institutional investors.
Taylor Devices Company Profile
Taylor Devices, Inc is engaged in the design, development, manufacture and marketing of shock absorption, rate control and energy storage devices for use in various types of machinery, equipment and structures. The Company’s Seismic Dampers are designed to ameliorate the effects of earthquake tremors on structures.
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