Taylor Wimpey (OTCMKTS:TWODY) Sees Strong Trading Volume – Should You Buy?
by Scott Moore · The Cerbat GemTaylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 40,885 shares traded hands during mid-day trading, an increase of 162% from the previous session’s volume of 15,621 shares.The stock last traded at $14.4150 and had previously closed at $14.37.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on the stock. Zacks Research raised shares of Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research note on Friday, November 14th. Royal Bank Of Canada upgraded Taylor Wimpey from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 2nd. Finally, The Goldman Sachs Group raised Taylor Wimpey to a “hold” rating in a report on Monday, November 24th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Taylor Wimpey currently has a consensus rating of “Hold”.
Check Out Our Latest Report on Taylor Wimpey
Taylor Wimpey Stock Up 1.4%
The firm’s fifty day simple moving average is $13.64 and its two-hundred day simple moving average is $14.01.
Taylor Wimpey Company Profile
Taylor Wimpey plc is a leading residential developer headquartered in High Wycombe, Buckinghamshire, United Kingdom. The company specializes in the acquisition, planning and construction of new homes for private sale, affordable housing and joint‐venture partnerships. With a focus on delivering quality, sustainable communities, Taylor Wimpey guides projects from initial land sourcing and development planning through to marketing, build‐out and after‐sales management.
Founded in 2007 through the merger of Taylor Woodrow and George Wimpey—each with roots dating back to the early 20th century—Taylor Wimpey has grown to become one of the largest homebuilders in the UK.