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

Travis Perkins PLC (OTCMKTS:TPRKY) shares gapped down before the market opened on Wednesday . The stock had previously closed at $8.89, but opened at $8.23. Travis Perkins shares last traded at $8.23, with a volume of 100 shares trading hands.

Wall Street Analysts Forecast Growth

TPRKY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Travis Perkins in a report on Wednesday, August 5th. Barclays downgraded Travis Perkins from an “overweight” rating to an “underweight” rating in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

Travis Perkins Trading Down 6.3%

The company has a fifty day moving average of $8.01 and a 200 day moving average of $7.84.

Travis Perkins Company Profile

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.