Taylor Devices, Inc. (NASDAQ:TAYD - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $48.11 and traded as low as $41.53. Taylor Devices shares last traded at $41.62, with a volume of 5,849 shares changing hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded Taylor Devices from a "buy" rating to a "strong-buy" rating in a research report on Monday, November 18th.
View Our Latest Analysis on TAYD
Taylor Devices Price Performance
The stock's fifty day moving average price is $45.12 and its 200-day moving average price is $48.06. The firm has a market cap of $129.81 million, a PE ratio of 14.35 and a beta of 1.03.
Institutional Trading of Taylor Devices
A number of hedge funds have recently bought and sold shares of TAYD. B. Riley Wealth Advisors Inc. boosted its holdings in shares of Taylor Devices by 33.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 16,146 shares of the industrial products company's stock worth $798,000 after purchasing an additional 4,010 shares during the last quarter. Barclays PLC boosted its stake in Taylor Devices by 325.6% during the third quarter. Barclays PLC now owns 3,426 shares of the industrial products company's stock worth $172,000 after buying an additional 2,621 shares during the last quarter. Geode Capital Management LLC boosted its stake in Taylor Devices by 6.2% during the third quarter. Geode Capital Management LLC now owns 61,814 shares of the industrial products company's stock worth $3,087,000 after buying an additional 3,636 shares during the last quarter. State Street Corp grew its holdings in Taylor Devices by 17.0% in the 3rd quarter. State Street Corp now owns 35,532 shares of the industrial products company's stock valued at $1,774,000 after buying an additional 5,171 shares in the last quarter. Finally, Scalar Gauge Management LLC acquired a new stake in shares of Taylor Devices in the 3rd quarter worth $681,000. Institutional investors and hedge funds own 17.62% of the company's stock.
Taylor Devices Company Profile
(
Get Free Report)
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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