Taylor Devices, Inc. (NASDAQ:TAYD) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.00 and traded as low as $11.15. Taylor Devices shares last traded at $11.15, with a volume of 4,153 shares changing hands.
The firm’s 50-day moving average price is $10.97. The firm has a market cap of $38.69 million, a price-to-earnings ratio of 15.04 and a beta of 0.63.
An institutional investor recently raised its position in Taylor Devices stock. Courier Capital LLC lifted its stake in shares of Taylor Devices, Inc. (NASDAQ:TAYD) by 50.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,000 shares of the industrial products company’s stock after buying an additional 5,000 shares during the quarter. Courier Capital LLC owned about 0.43% of Taylor Devices worth $161,000 at the end of the most recent reporting period. 19.64% of the stock is owned by institutional investors and hedge funds.
Taylor Devices, Inc designs, develops, manufactures, and markets shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in North America, Asia, and internationally. The company's products include seismic dampers that are designed to ameliorate the effects of earthquake tremors 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, ships, container ships, railroad cars, truck docks, ladle and ingot cars, ore trolleys, and car stops.
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