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Zacks Investment Research downgraded Technip SA (ADR) (NASDAQ:TKPPY) to Hold in a report released today.

Just yesterday Technip SA (ADR) (NASDAQ:TKPPY) traded 1.52% higher at $14.70. Technip SA (ADR)’s 50-day average is $14.61 and its two hundred day average is $13.92. With the last stock price up 10.18% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 232,084 shares of the stock were exchanged, up from an average trading volume of 50,200

Zacks Investment Research has downgraded Technip SA (ADR) (NASDAQ:TKPPY) to Hold in a report released on 9/29/2016.

Previously on 9/28/2016, Zacks Investment Research reported on Technip SA (ADR) (NASDAQ:TKPPY) increased the target price from $0.00 to $16.00. At the time, this indicated a possible upside of 0.13%.

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Technip SA (ADR) (NASDAQ:TKPPY)

Technip SA (ADR) has a 52 week low of $9.69 and a 52 week high of $15.50 with a P/E ratio of 3.22 The company’s market cap is currently $0.

General Information About Technip SA (ADR) (NASDAQ:TKPPY)

Technip SA (Technip) is engaged in project management, engineering and construction for the energy sector. The Company operates through two segments: Subsea, Onshore/Offshore and Corporate. The Subsea segment includes the design, manufacture, procurement and installation of subsea equipment. The Onshore/Offshore segment includes the engineering and construction business for petrochemical and refining plants, the facilities for developing onshore oil and gas fields (including gas treatment units, liquefied natural gas (LNG) units and onshore pipelines), as well as the design and construction of fixed or floating facilities and surface installations. The Corporate segment includes holding company activities and central services rendered to its subsidiaries, including information technology (IT) services and reinsurance activity. It operates in over five geographical areas, such as Europe, Russia and Central Asia; Africa; the Middle-East; Asia Pacific, and Americas (including Brazil).

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