Barratt Developments (OTCMKTS:BTDPY) Sets New 1-Year Low – What’s Next?

Barratt Developments plc (OTCMKTS:BTDPY)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $10.57 and last traded at $10.57, with a volume of 10531 shares trading hands. The stock had previously closed at $10.99.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded Barratt Developments to a “strong-buy” rating in a report on Thursday, September 5th.

Barratt Developments Stock Up 0.6 %

The business’s 50 day moving average price is $12.41 and its 200-day moving average price is $12.69.

Barratt Developments Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, November 18th. Stockholders of record on Friday, September 27th will be given a dividend of $0.2582 per share. The ex-dividend date of this dividend is Friday, September 27th. This is a boost from Barratt Developments’s previous dividend of $0.10.

Barratt Developments Company Profile

Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.