Technip Energies (OTCMKTS:THNPY) Stock Rating Upgraded by Zacks Research

Technip Energies (OTCMKTS:THNPY) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday, Zacks reports.

Separately, 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. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Technip Energies Price Performance

OTCMKTS THNPY opened at $32.55 on Monday. The company has a fifty day moving average of $34.36 and a 200 day moving average of $39.17. Technip Energies has a 1 year low of $30.41 and a 1 year high of $48.27. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.04 and a current ratio of 1.04.

About Technip Energies

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.