Barratt Redrow (OTCMKTS:BTDPY) Sees Strong Trading Volume – Here’s Why

by · The Cerbat Gem

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY – Get Free Report) saw an uptick in trading volume on Monday . 77,510 shares were traded during mid-day trading, an increase of 117% from the previous session’s volume of 35,695 shares.The stock last traded at $9.8975 and had previously closed at $10.19.

Analyst Ratings Changes

BTDPY has been the subject of a number of research analyst reports. The Goldman Sachs Group assumed coverage on Barratt Redrow in a report on Monday, November 24th. They issued a “buy” rating for the company. Jefferies Financial Group cut Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. Zacks Research raised Barratt Redrow to a “strong sell” rating in a research report on Wednesday, November 12th. Citigroup restated a “buy” rating on shares of Barratt Redrow in a research note on Thursday, September 18th. Finally, Peel Hunt raised shares of Barratt Redrow to a “strong-buy” rating in a report on Thursday, September 18th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

View Our Latest Research Report on BTDPY

Barratt Redrow Stock Up 0.5%

The company’s 50-day moving average price is $10.29 and its 200 day moving average price is $10.74. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.78 and a current ratio of 0.78.

Barratt Redrow Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, October 13th were given a $0.2636 dividend. 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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