Taylor Devices (TAYD) Upgraded at TheStreet
Separately, ValuEngine upgraded shares of Taylor Devices from a hold rating to a buy rating in a research note on Friday, December 1st.
Shares of Taylor Devices (NASDAQ:TAYD) opened at $13.00 on Wednesday. Taylor Devices has a 12 month low of $10.62 and a 12 month high of $15.14. The firm has a market cap of $48.38, a PE ratio of 18.57 and a beta of 0.87.
An institutional investor recently raised its position in Taylor Devices stock. Janney Montgomery Scott LLC boosted its holdings in Taylor Devices, Inc. (NASDAQ:TAYD) by 183.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 187,155 shares of the industrial products company’s stock after purchasing an additional 121,200 shares during the quarter. Janney Montgomery Scott LLC owned 5.41% of Taylor Devices worth $2,298,000 at the end of the most recent reporting period. 14.08% of the stock is currently owned by institutional investors and hedge funds.
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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.
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