Taylor Devices (NASDAQ:TAYD – Get Free Report) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Monday.
Taylor Devices Trading Down 2.6 %
NASDAQ TAYD traded down $1.35 during trading hours on Monday, reaching $49.92. 73,790 shares of the company’s stock were exchanged, compared to its average volume of 25,053. The firm has a fifty day moving average of $53.21 and a 200-day moving average of $49.54. Taylor Devices has a one year low of $20.50 and a one year high of $64.50. The stock has a market cap of $155.75 million, a PE ratio of 20.05 and a beta of 1.03.
Taylor Devices (NASDAQ:TAYD – Get Free Report) last announced its earnings results on Thursday, August 15th. The industrial products company reported $0.67 earnings per share (EPS) for the quarter. Taylor Devices had a net margin of 20.18% and a return on equity of 17.54%. The company had revenue of $12.07 million for the quarter.
Institutional Inflows and Outflows
About Taylor Devices
Taylor Devices, Inc engages in design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in the United States, Asia, and internationally. Its products include seismic dampers that are designed to mitigate the effects of earthquakes on structures; Fluidicshoks, which are compact shock absorbers primarily used in defense, aerospace, and commercial industries; and crane and industrial buffers, which are larger versions of the Fluidicshoks for industrial application on cranes and crane trolleys, truck docks, ladle and ingot cars, ore trolleys, and train car stops.
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