Travis Perkins (OTCMKTS:TPRKY) Shares Gap Down – Should You Sell?

Travis Perkins PLC (OTCMKTS:TPRKY) gapped down before the market opened on Wednesday . The stock had previously closed at $8.21, but opened at $7.81. Travis Perkins shares last traded at $7.81, with a volume of 7,540 shares.

Analyst Upgrades and Downgrades

TPRKY has been the subject of several analyst reports. Citigroup reaffirmed a “buy” rating on shares of Travis Perkins in a research note on Monday, January 26th. Deutsche Bank Aktiengesellschaft lowered shares of Travis Perkins from a “buy” rating to a “sell” rating in a research report on Thursday, December 11th. Barclays restated an “overweight” rating on shares of Travis Perkins in a research report on Monday, February 23rd. Finally, Jefferies Financial Group lowered shares of Travis Perkins from a “hold” rating to a “moderate sell” rating in a research note on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Travis Perkins Stock Performance

The company’s 50-day moving average is $8.84 and its 200-day moving average is $8.41. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.49 and a quick ratio of 0.94.

About Travis Perkins

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.