Travis Perkins (OTCMKTS:TPRKY) Shares Gap Down – Here’s What Happened

Travis Perkins PLC (OTCMKTS:TPRKYGet Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $9.50, but opened at $8.49. Travis Perkins shares last traded at $8.49, with a volume of 154 shares.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TPRKY. Barclays reiterated an “overweight” rating on shares of Travis Perkins in a research report on Monday, February 23rd. Jefferies Financial Group lowered shares of Travis Perkins from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft cut shares of Travis Perkins from a “buy” rating to a “sell” rating in a research note on Thursday, December 11th. Finally, Citigroup reaffirmed a “buy” rating on shares of Travis Perkins in a research report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Get Our Latest Research Report on TPRKY

Travis Perkins Stock Performance

The stock has a 50 day simple moving average of $8.99 and a 200 day simple moving average of $8.43. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.94 and a current ratio of 1.49.

Travis Perkins Company Profile

(Get Free Report)

Travis Perkins plc, trading over the counter as TPRKY, is a leading supplier of building materials and home improvement products in the United Kingdom. The company serves professional builders, contractors and do-it-yourself customers through an extensive network of branch outlets and online channels. Its core offerings span timber and joinery, bricks and blocks, roofing materials, landscaping products, and a wide range of plumbing and heating supplies.

In addition to traditional builders’ merchant services, Travis Perkins has expanded its portfolio to include tool hire, safety equipment and specialist services such as plant and tool servicing.

Further Reading

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