Technip Energies (OTCMKTS:THNPY) Upgraded at Zacks Research

Zacks Research upgraded shares of Technip Energies (OTCMKTS:THNPY) to a hold rating in a research report report published on Monday morning,Zacks.com reports.

Technip Energies Stock Performance

OTCMKTS:THNPY opened at $47.06 on Monday. The stock’s fifty day moving average is $40.72 and its 200 day moving average is $40.45. Technip Energies has a fifty-two week low of $32.61 and a fifty-two week high of $49.18.

About Technip Energies

Technip Energies N.V. is a global engineering and technology company formed in 2021 through the spin-off of the engineering and construction arm of TechnipFMC. Headquartered in Paris, France, the company specializes in delivering large-scale projects for the energy sector, with a particular emphasis on the transition to low-carbon solutions. Technip Energies combines deep technical expertise with integrated project management to support clients across the hydrocarbon value chain and emerging energy markets.

The company’s core offerings include front-end engineering design (FEED), detailed engineering, procurement and construction (EPC), and project management.