ValuEngine upgraded shares of Taylor Devices (NASDAQ:TAYD) from a hold rating to a buy rating in a report issued on Friday.
Separately, TheStreet cut Taylor Devices from a b- rating to a c+ rating in a research report on Tuesday, August 22nd.
Shares of Taylor Devices (NASDAQ:TAYD) opened at $12.40 on Friday. The company has a market capitalization of $42.85, a P/E ratio of 17.72 and a beta of 0.86. Taylor Devices has a 12-month low of $10.62 and a 12-month high of $15.69.
An institutional investor recently raised its position in Taylor Devices stock. Janney Montgomery Scott LLC grew its holdings in Taylor Devices, Inc. (NASDAQ:TAYD) by 183.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 187,155 shares of the industrial products company’s stock after buying an additional 121,200 shares during the quarter. Janney Montgomery Scott LLC owned 5.41% of Taylor Devices worth $2,298,000 as of its most recent SEC filing. Institutional investors and hedge funds own 14.08% of the company’s stock.
Taylor Devices Company Profile
Taylor Devices, Inc is engaged in the design, development, manufacture and marketing of shock absorption, rate control and energy storage devices for use in various types of machinery, equipment and structures. The Company’s Seismic Dampers are designed to ameliorate the effects of earthquake tremors on structures.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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