Revenue Update on Taylor Devices(NASDAQ:TAYD)

Taylor Devices(NASDAQ:TAYD) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-market on Aug 29, 2016. Earnings per share were $0.31.

Taylor Devices (TAYD) made into the market gainers list on Thursdays trading session with the shares advancing 3.26% or 0.61 points. Due to strong positive momentum, the stock ended at $19.35, which is also near the day’s high of $19.967. The stock began the session at $19.967 and the volume stood at 7,028 shares. The 52-week high of the shares is $20.45 and the 52 week low is $12.5. The company has a current market capitalization of $66 M and it has 34,23,099 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Apr 22, 2016, Randall L Clark (director) sold 5,000 shares at $16.70 per share price.

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 manufactures and sells a single group of similar products that have a range of applications for customers which include Seismic Dampers Fluidicshoks Crane and Industrial Buffers Self-Adjusting Shock Absorbers Liquid Die Springs and Vibration Dampers. Fluidicshoks are small extremely compact shock absorbers with up to 19200 inch-pound capacities produced in around 15 standard sizes for primary use in the defense aerospace and commercial industry. The Company’s products are manufactured at the Company’s sole operating facility in the United States. The Company markets its products in the United States Asia Europe North America and South America. The Company sells its products to industrial construction and aerospace / defense customers.

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