Technip Energies (OTCMKTS:THNPY) Stock Lifted to Strong-Buy by UBS Group

Technip Energies (OTCMKTS:THNPY – Get Free Report) was upgraded by research analysts at UBS Group from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday, Zacks reports.

Several other research analysts have also recently weighed in on the stock. Royal Bank Of Canada upgraded shares of Technip Energies from a “hold” rating to a “moderate buy” rating in a research note on Thursday, September 10th. Zacks Research raised shares of Technip Energies from a “strong sell” rating to a “hold” rating in a research report on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Technip Energies presently has an average rating of “Buy”.

View Our Latest Report on Technip Energies

Technip Energies Stock Up 0.3%

Shares of THNPY stock opened at $33.63 on Wednesday. Technip Energies has a 12 month low of $30.41 and a 12 month high of $48.27. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.67. The company has a 50 day simple moving average of $34.08 and a two-hundred day simple moving average of $38.86.

Technip Energies Company Profile

(Get Free Report)

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.

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