Barratt Redrow (OTCMKTS:BTDPY) Sees Large Volume Increase – Still a Buy?

by · The Cerbat Gem

Barratt Redrow plc. (OTCMKTS:BTDPY – Get Free Report) saw strong trading volume on Thursday . 219,351 shares were traded during mid-day trading, an increase of 422% from the previous session’s volume of 42,010 shares.The stock last traded at $10.2620 and had previously closed at $10.1078.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Peel Hunt raised shares of Barratt Redrow to a “strong-buy” rating in a research note on Thursday, September 18th. Royal Bank Of Canada lowered shares of Barratt Redrow from a “moderate buy” rating to a “hold” rating in a report on Tuesday, December 2nd. The Goldman Sachs Group started coverage on shares of Barratt Redrow in a research note on Monday, November 24th. They issued a “buy” rating for the company. Jefferies Financial Group cut shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. Finally, Zacks Research upgraded Barratt Redrow from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on BTDPY

Barratt Redrow Stock Performance

The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.03. The stock’s 50 day moving average price is $10.21 and its two-hundred day moving average price is $10.65.

Barratt Redrow Announces Dividend

The company also recently declared a dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, October 13th were issued a dividend of $0.2636 per share. This represents a dividend yield of 357.0%. The ex-dividend date was Friday, October 10th.

About Barratt Redrow

(Get Free Report)

Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.

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