Técnicas Reunidas (OTCMKTS:TNISY) Stock Price Down 16.1% – Here’s What Happened

Técnicas Reunidas, S.A. (OTCMKTS:TNISY – Get Free Report)’s share price was down 16.1% during mid-day trading on Monday. The company traded as low as C$6.08 and last traded at C$6.08. Approximately 364 shares traded hands during trading, a decline of 61% from the average session volume of 930 shares. The stock had previously closed at C$7.25.

Técnicas Reunidas Stock Performance

The company’s 50 day moving average is C$6.57 and its 200-day moving average is C$7.13.

Técnicas Reunidas Company Profile

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Técnicas Reunidas, SA is a Spanish engineering and construction company that provides design, engineering, procurement and construction services for complex industrial projects. Founded in 1959 and headquartered in Madrid, the company has traditionally focused on the energy sector and serves clients in international markets.

The company’s activities include the development of oil and gas facilities, refineries, petrochemical and chemical plants, power-generation projects, and other industrial infrastructure.

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