Taylor Devices (NASDAQ:TAYD) released its quarterly earnings results on Friday. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Taylor Devices had a net margin of 9.19% and a return on equity of 7.48%. The company had revenue of $4.81 million for the quarter.
Taylor Devices (NASDAQ TAYD) traded down $1.00 during trading on Friday, hitting $13.00. 79,382 shares of the company’s stock traded hands, compared to its average volume of 5,273. Taylor Devices has a one year low of $10.62 and a one year high of $15.14. The firm has a market cap of $48.38, a PE ratio of 18.57 and a beta of 0.87.
Several equities research analysts have issued reports on the stock. TheStreet raised shares of Taylor Devices from a “c+” rating to a “b-” rating in a research note on Wednesday. ValuEngine raised shares of Taylor Devices from a “hold” rating to a “buy” rating in a research note on Friday, December 1st.
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Taylor Devices, Inc is engaged 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’s Seismic Dampers are designed to ameliorate the effects of earthquake tremors on structures.
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