Taylor Wimpey (OTCMKTS:TWODY) Shares Gap Down – What’s Next?

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) shares gapped down prior to trading on Tuesday . The stock had previously closed at $11.83, but opened at $11.3301. Taylor Wimpey shares last traded at $11.46, with a volume of 5,284 shares traded.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Royal Bank Of Canada upgraded 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 research report on Friday, January 2nd. Finally, The Goldman Sachs Group upgraded Taylor Wimpey to a “hold” rating in a research report on Monday, November 24th. One 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 company’s stock. According to MarketBeat.com, Taylor Wimpey currently has an average rating of “Hold”.

Taylor Wimpey Stock Down 4.1%

The company’s fifty day moving average price is $14.29 and its 200-day moving average price is $13.93.

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.