Shares of Técnicas Reunidas, S.A. (OTCMKTS:TNISF – Get Free Report) shot up 66.7% on Wednesday . The stock traded as high as $40.00 and last traded at $40.00. 100 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 200 shares. The stock had previously closed at $24.00.
Técnicas Reunidas Trading Up 66.7%
The firm has a 50-day simple moving average of $31.18 and a 200 day simple moving average of $29.06.
About Técnicas Reunidas
Técnicas Reunidas SA is a leading Spanish engineering and construction company specializing in large‐scale projects for the energy and industrial sectors. Headquartered in Madrid, the firm traces its origins to 1959, when it was established to support Spain’s growing petrochemical and oil refining industries. Over the decades, Técnicas Reunidas has expanded its technical capabilities to cover a wide range of activities from upstream oil and gas to downstream petrochemicals and power generation.
The company’s core business centers on engineering, procurement and construction (EPC) services.
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