Shares of the company are trading at $12.66 a bit higher than the 50 day moving average of $12.03 and a tad under the 200 day moving average of $12.75. The 50 day moving average went up by +5.20% and the 200 day average was down $-0.09. Taylor Devices, Inc. shares had a trading volume of 299 on Tuesday. Shares saw a steep decrease in trading volume of 91.67% under the normal average daily volume.
Short traders are more bearish on Taylor Devices, Inc. recently if you watch the increase in short interest. The stock had a rise in short interest of 41.01% as of the latest report on September 29, 2017. Short interest increased 1,316 over that timeframe. With short interest at 4,525 and short average daily volume at 7,313, days to cover is 1.0 and the percentage of shorted shares was 0.00% on September 29.
Additionally, here are a few investment firms who have increased or decreased their stake in (TAYD). As of quarter end Renaissance Technologies LLC had bought 1,300 shares growing its position 6.4%. The value of the investment in Taylor Devices, Inc. went from $280,000 to $284,000 increasing 1.4% since the last quarter. As of the end of the quarter Blackrock Inc. had disposed of a total of 1,240 shares trimming its stake by 68.0%. The value of the total investment in Taylor Devices, Inc. decreased from $25,000 to $8,000 a change of $17,000 quarter to quarter.
As of the end of the quarter Tower Research Capital LLC (trc) had disposed of 58 shares trimming its holdings by 10.3%. The value of the investment in (TAYD) went from $8,000 to $7,000 a change of 12.5% for the reporting period. James Investment Research Inc divested its stake by selling 100 shares a decrease of 40.0%. James Investment Research Inc controls 150 shares valued at $2,000. The total value of its holdings decreased 33.3%.
Taylor Devices, Inc. currently has a P/E ratio of 18.48 and market capitalization is 43.74M.
Taylor Devices, Inc., launched on July 22, 1955, is involved in the design, development, manufacture and marketing of shock absorption, rate control and energy storage devices for use in various types of machinery, equipment and structures. The Company manufactures and sells a single group of similar products that have a range of applications for customers. The Business’s product categories include Seismic Dampers, Fluidicshoks, Crane and Industrial Buffers, Self-Adjusting Shock Absorbers, Liquid Die Springs and Vibration Dampers..