Technip SA (EPA:TEC – Get Free Report)’s share price shot up ∞ during mid-day trading on Tuesday . The stock traded as high as €68.01 ($71.59) and last traded at €67.40 ($70.95). 4,062,900 shares changed hands during mid-day trading, an increase of 319% from the average session volume of 970,666 shares.
Technip Stock Performance
The firm’s fifty day moving average price is €67.40 and its two-hundred day moving average price is €67.40.
About Technip
Technip SA (Technip) is engaged in project management, engineering and construction for the energy sector. The Company operates through two segments: Subsea, Onshore/Offshore and Corporate. The Subsea segment includes the design, manufacture, procurement and installation of subsea equipment. The Onshore/Offshore segment includes the engineering and construction business for petrochemical and refining plants, the facilities for developing onshore oil and gas fields (including gas treatment units, liquefied natural gas (LNG) units and onshore pipelines), as well as the design and construction of fixed or floating facilities and surface installations.
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