Gaztransport & Technigaz (OTCMKTS:GZPZY) Shares Up 7.3% – Here’s What Happened

Gaztransport & Technigaz SA (OTCMKTS:GZPZY) traded up 7.3% on Wednesday . The stock traded as high as $44.00 and last traded at $44.00. 8,540 shares traded hands during trading, an increase of 372% from the average session volume of 1,808 shares. The stock had previously closed at $41.00.

Gaztransport & Technigaz Stock Performance

The business has a 50-day simple moving average of $39.66 and a 200-day simple moving average of $38.58.

Gaztransport & Technigaz Company Profile

Gaztransport & Technigaz (GTT) is a French engineering company specializing in the design and licensing of cryogenic membrane containment systems for liquefied natural gas (LNG) carriers, floating storage regasification units (FSRUs), and onshore LNG storage tanks. Leveraging advanced materials and proprietary membrane technologies, GTT’s systems are engineered to maintain ultra-low temperatures required for the safe transport and storage of LNG. The company also offers a range of associated services, including technical consulting, maintenance support, and software solutions to optimize the performance and safety of its containment systems.

Founded through the merger of Gaztransport SA and Technigaz SA in 1994, GTT traces its origins back to early pioneers of LNG containment technology in the late 20th century.