Taylor Wimpey (OTCMKTS:TWODY) Shares Gap Down – Here’s Why

by · The Markets Daily

Shares of Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $11.40, but opened at $11.02. Taylor Wimpey shares last traded at $10.94, with a volume of 1,294 shares trading hands.

Analyst Ratings Changes

TWODY has been the subject of several analyst reports. The Goldman Sachs Group downgraded shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 26th. Rothschild & Co Redburn cut shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Read Our Latest Stock Report on Taylor Wimpey

Taylor Wimpey Stock Performance

The business has a fifty day moving average of $10.58 and a 200-day moving average of $12.34.

Taylor Wimpey Company Profile

(Get Free Report)

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.

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