Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY – Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 24,050 shares, a growth of 362.6% from the August 15th total of 5,199 shares. Based on an average daily volume of 22,592 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.0% of the company’s stock are short sold.
Taylor Wimpey Trading Down 2.6%
Shares of Taylor Wimpey stock traded down $0.28 during trading on Friday, hitting $10.49. 8,192 shares of the company’s stock were exchanged, compared to its average volume of 9,568. The business has a 50-day simple moving average of $11.12 and a 200-day simple moving average of $11.36. Taylor Wimpey has a 52-week low of $9.79 and a 52-week high of $16.00.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the company. Rothschild & Co Redburn downgraded Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. The Goldman Sachs Group cut shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 26th. Finally, UBS Group raised Taylor Wimpey to a “strong sell” rating in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce”.
About Taylor Wimpey
Taylor Wimpey plc (OTCMKTS:TWODY) is a residential property developer headquartered in the United Kingdom. The company acquires land, secures planning approvals, and designs, builds and sells new homes for private buyers and affordable-housing providers. Its developments typically include houses and apartments in a range of sizes and price points, supported by related infrastructure and community facilities.
The company operates primarily in England, Scotland and Wales, as well as in Spain through its Taylor Wimpey España business.
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