Revenue Update on Taylor Devices(NASDAQ:TAYD)

Taylor Devices(NASDAQ:TAYD) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during Intraday on Apr 12, 2016. Earnings per share were $0.35.

Taylor Devices (TAYD) made into the market gainers list on Fridays trading session with the shares advancing 0.38% or 0.0605 points. Due to strong positive momentum, the stock ended at $16.06, which is also near the day’s high of $16.49. The stock began the session at $16 and the volume stood at 19,073 shares. The 52-week high of the shares is $17.439 and the 52 week low is $12. The company has a current market capitalization of $55 M and it has 33,97,965 shares in outstanding.

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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