Taylor Wimpey (OTCMKTS:TWODY) Shares Down 4.7% – Time to Sell?

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY)’s share price was down 4.7% during trading on Monday . The company traded as low as $14.18 and last traded at $14.18. Approximately 1,526 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 31,280 shares. The stock had previously closed at $14.8770.

Analyst Upgrades and Downgrades

TWODY has been the subject of a number of research reports. Zacks Research cut Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Friday, January 2nd. The Goldman Sachs Group raised Taylor Wimpey to a “hold” rating in a report on Monday, November 24th. Finally, Royal Bank Of Canada upgraded shares of Taylor Wimpey from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Taylor Wimpey currently has an average rating of “Hold”.

Taylor Wimpey Stock Up 5.7%

The stock’s 50 day moving average is $14.21 and its two-hundred day moving average is $13.80.

About Taylor Wimpey

Taylor Wimpey plc is a leading residential developer headquartered in High Wycombe, Buckinghamshire, United Kingdom. The company specializes in the acquisition, planning and construction of new homes for private sale, affordable housing and joint‐venture partnerships. With a focus on delivering quality, sustainable communities, Taylor Wimpey guides projects from initial land sourcing and development planning through to marketing, build‐out and after‐sales management.

Founded in 2007 through the merger of Taylor Woodrow and George Wimpey—each with roots dating back to the early 20th century—Taylor Wimpey has grown to become one of the largest homebuilders in the UK.