Taylor Wimpey (OTCMKTS:TWODY) Shares Gap Up – Should You Buy?

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY)’s share price gapped up before the market opened on Thursday. The stock had previously closed at $9.65, but opened at $10.11. Taylor Wimpey shares last traded at $10.11, with a volume of 300 shares.

Analyst Ratings Changes

A number of research firms have recently issued reports on TWODY. Zacks Research upgraded Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research report on Monday, October 5th. UBS Group raised Taylor Wimpey to a “strong sell” rating in a report on Wednesday, September 9th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Taylor Wimpey has a consensus rating of “Reduce”.

Taylor Wimpey Stock Performance

The company has a current ratio of 4.99, a quick ratio of 0.44 and a debt-to-equity ratio of 0.02. The firm has a fifty day moving average price of $10.93 and a 200 day moving average price of $10.91.

Taylor Wimpey Company Profile

Taylor Wimpey plc is a residential property developer that designs and builds homes for private buyers and affordable-housing customers. Its activities include acquiring and managing land, securing planning approvals, developing communities, constructing homes and selling completed properties through its housebuilding operations.

The company operates primarily in the United Kingdom and also has a residential development business in Spain. Its UK operations serve a range of regions and typically provide houses and apartments in both urban and suburban communities, while its Spanish business focuses on residential properties in selected coastal and resort locations.

Taylor Wimpey was formed in 2007 through the merger of Taylor Woodrow and George Wimpey, bringing together businesses with longer histories in construction and housebuilding.