Technip Energies (OTCMKTS:THNPY) Stock Price Down 0.2% – What’s Next?

Technip Energies (OTCMKTS:THNPY)’s stock price fell 0.2% during trading on Wednesday . The stock traded as low as $38.55 and last traded at $38.55. 3,657 shares changed hands during trading, a decline of 3% from the average session volume of 3,757 shares. The stock had previously closed at $38.64.

Technip Energies Price Performance

The company’s 50-day simple moving average is $38.33 and its 200-day simple moving average is $42.09.

Technip Energies Company Profile

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.