Innio N.V. (NASDAQ:INIO – Get Free Report)’s share price traded up 9.8% on Monday . The stock traded as high as $41.25 and last traded at $41.1310. Approximately 1,701,077 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 4,585,112 shares. The stock had previously closed at $37.45.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised Innio to a “hold” rating in a report on Saturday, June 13th.
Read Our Latest Stock Report on Innio
Innio Price Performance
Innio Company Profile
INNIO is a provider of energy solutions, offering reciprocating gas engines, power generation systems, and related services for distributed power generation and gas compression applications. Its portfolio is designed to support customers in industries such as utilities, data centers, agriculture, wastewater, and oil and gas, where reliable on-site power and efficiency are important.
The company is best known for its Jenbacher and Waukesha brands, which are used in engines and power systems that can run on natural gas, biogas, and other gaseous fuels.
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