Acuren Corporation Announces NYSE Listing Transfer

Acuren Corporation ( (TIC) ) has provided an announcement.

On May 13, 2025, Acuren Corporation‘s Board of Directors approved the voluntary delisting of its common stock from the NYSE American to transfer its listing to the New York Stock Exchange, effective May 19, 2025. This strategic move is expected to enhance the company’s market presence and operational flexibility. In the first quarter of 2025, Acuren reported a revenue increase of 5.0% to $234.2 million, driven by strong organic growth and service line expansion. Despite a net loss of $25.9 million due to increased depreciation and acquisition-related costs, the company demonstrated resilience with a 7.2% organic growth and solid cash flow, maintaining its full-year outlook for sustainable growth and shareholder value enhancement.

Spark’s Take on TIC Stock

According to Spark, TipRanks’ AI Analyst, TIC is a Neutral.

Acuren Corporation’s stock score reflects significant financial challenges, particularly in revenue and profitability. The technical indicators point to a bearish trend, with some short-term bullish potential. Valuation is uncertain due to missing data, which adds to the cautious outlook. Overall, the stock’s financial hurdles and unclear valuation weigh heavily on its performance, suggesting a need for strategic improvements.

To see Spark’s full report on TIC stock, click here.

More about Acuren Corporation

Acuren Corporation is a leading provider of critical asset integrity services, primarily operating in North America. The company serves a broad range of industrial markets, focusing on the recurring maintenance needs of its customers. Acuren’s services fall under the Testing, Inspection, Certification, and Compliance (TICC) category, including Nondestructive Testing (NDT) and in-lab destructive testing capabilities.

Average Trading Volume: 291,128

Current Market Cap: $1.3B

See more insights into TIC stock on TipRanks’ Stock Analysis page.