Taylor Devices (NASDAQ:TAYD – Get Free Report) was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued on Thursday.
Taylor Devices Price Performance
NASDAQ:TAYD traded down $1.63 during midday trading on Thursday, reaching $47.02. 18,159 shares of the company traded hands, compared to its average volume of 24,296. The firm has a market capitalization of $165.56 million, a price-to-earnings ratio of 18.88 and a beta of 1.03. The company has a fifty day moving average price of $52.28 and a 200 day moving average price of $49.26. Taylor Devices has a twelve month low of $21.44 and a twelve month high of $64.50.
Taylor Devices (NASDAQ:TAYD – Get Free Report) last issued its quarterly earnings data on Friday, September 27th. The industrial products company reported $0.85 earnings per share for the quarter. Taylor Devices had a net margin of 21.22% and a return on equity of 18.95%. The business had revenue of $11.62 million for the quarter.
Institutional Inflows and Outflows
Taylor Devices Company Profile
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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