Técnicas Reunidas, S.A. (OTCMKTS:TNISF – Get Free Report) shares rose 66.7% during trading on Wednesday . The stock traded as high as $40.00 and last traded at $40.00. Approximately 100 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 200 shares. The stock had previously closed at $24.00.
Técnicas Reunidas Stock Performance
The company’s 50 day moving average price is $31.18 and its two-hundred day moving average price is $29.06.
Técnicas Reunidas Company Profile
Técnicas Reunidas SA is a leading Spanish engineering and construction company specializing in large‐scale projects for the energy and industrial sectors. Headquartered in Madrid, the firm traces its origins to 1959, when it was established to support Spain’s growing petrochemical and oil refining industries. Over the decades, Técnicas Reunidas has expanded its technical capabilities to cover a wide range of activities from upstream oil and gas to downstream petrochemicals and power generation.
The company’s core business centers on engineering, procurement and construction (EPC) services.
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