Positive News Coverage Somewhat Unlikely to Affect Taylor Devices (TAYD) Share Price

News headlines about Taylor Devices (NASDAQ:TAYD) have trended positive on Sunday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Taylor Devices earned a news impact score of 0.39 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 44.4968298949937 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of brokerages have recently weighed in on TAYD. ValuEngine upgraded Taylor Devices from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. TheStreet lowered Taylor Devices from a “b-” rating to a “c+” rating in a research note on Tuesday, August 22nd.

Taylor Devices (TAYD) traded up $0.15 during trading on Friday, reaching $12.47. The company’s stock had a trading volume of 637 shares, compared to its average volume of 6,695. Taylor Devices has a 12-month low of $10.62 and a 12-month high of $15.57. The company has a market cap of $42.57, a price-to-earnings ratio of 17.60 and a beta of 0.86.

Taylor Devices (NASDAQ:TAYD) last posted its quarterly earnings data on Thursday, October 12th. The industrial products company reported $0.09 EPS for the quarter. Taylor Devices had a return on equity of 7.48% and a net margin of 9.19%. The firm had revenue of $6.57 million for the quarter.

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About Taylor Devices

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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