Tecnicas Reunidas traded at 29.54 this Friday May 15th, decreasing 1.46 or 4.71 percent since the previous trading session. Looking back, over the last four weeks, Tecnicas Reunidas lost 12.50 percent. Over the last 12 months, its price rose by 63.20 percent. Looking ahead, we forecast Tecnicas Reunidas to be priced at 33.25 by the end of this quarter and at 30.78 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tecnicas Reunidas SA is a Spain-based company engaged in the engineering and construction of industrial facilities. Its activities are structured in three business areas: Oil & Gas, Power and Infrastructure and industries. The Oil & Gas area provides engineering services for the construction of refinery units, as well as petrochemical and natural gas plants, and oil and gas pipelines. The Power segment includes the design and construction of fossil fuel power, nuclear, hydroelectric, biomass and solar installations. The Infrastructure and Industries area specializes in the construction and engineering of airports, water treatment plants, controlled landfills and waste incineration facilities, among others. Furthermore, the Company offers technical and management services in the fields of engineering and construction of industrial plants. The Enterprise is a parent of Tecnicas Reunidas Group, which operates worldwide by numerous subsidiaries and associates.