Travis Perkins (OTCMKTS:TPRKY) Sets New 52-Week Low – Time to Sell?

Travis Perkins PLC (OTCMKTS:TPRKY) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $6.86 and last traded at $6.86, with a volume of 127 shares. The stock had previously closed at $7.2958.

Wall Street Analyst Weigh In

TPRKY has been the subject of several research reports. Citigroup restated a “buy” rating on shares of Travis Perkins in a research report on Monday, January 26th. Barclays restated an “overweight” rating on shares of Travis Perkins in a research report on Monday, February 23rd. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold”.

Travis Perkins Price Performance

The company’s 50-day moving average is $7.72 and its two-hundred day moving average is $8.28.

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.