Taylor Wimpey (OTCMKTS:TWODY) Sets New 1-Year Low – What’s Next?

Shares of Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) hit a new 52-week low during trading on Thursday . The stock traded as low as $12.24 and last traded at $12.2940, with a volume of 37981 shares traded. The stock had previously closed at $12.49.

Analyst Ratings Changes

A number of research analysts have recently weighed in on TWODY shares. Royal Bank Of Canada raised shares of Taylor Wimpey from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 2nd. Zacks Research cut shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a report on Friday, January 2nd. Finally, The Goldman Sachs Group upgraded Taylor Wimpey to a “hold” rating in a research note on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Taylor Wimpey Stock Down 1.6%

The stock has a 50 day moving average of $14.46 and a 200-day moving average of $13.94.

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.