Gaztransport & Technigaz (OTCMKTS:GZPZY) Trading Up 7.3% – Should You Buy?

Gaztransport & Technigaz SA (OTCMKTS:GZPZY)’s stock price rose 7.3% during mid-day trading on Wednesday . The company traded as high as $44.00 and last traded at $44.00. Approximately 8,540 shares were traded during trading, an increase of 372% from the average daily volume of 1,808 shares. The stock had previously closed at $41.00.

Gaztransport & Technigaz Trading Up 7.3%

The business’s 50 day simple moving average is $39.66 and its 200 day simple moving average is $38.58.

Gaztransport & Technigaz Company Profile

Gaztransport & Technigaz (GTT) is a French engineering company specializing in the design and licensing of cryogenic membrane containment systems for liquefied natural gas (LNG) carriers, floating storage regasification units (FSRUs), and onshore LNG storage tanks. Leveraging advanced materials and proprietary membrane technologies, GTT’s systems are engineered to maintain ultra-low temperatures required for the safe transport and storage of LNG. The company also offers a range of associated services, including technical consulting, maintenance support, and software solutions to optimize the performance and safety of its containment systems.

Founded through the merger of Gaztransport SA and Technigaz SA in 1994, GTT traces its origins back to early pioneers of LNG containment technology in the late 20th century.