Taylor Wimpey (OTCMKTS:TWODY) Shares Gap Down – Here’s What Happened

Shares of Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) gapped down prior to trading on Tuesday . The stock had previously closed at $14.78, but opened at $14.24. Taylor Wimpey shares last traded at $14.34, with a volume of 27,161 shares changing hands.

Analyst Ratings Changes

TWODY has been the subject of a number of recent analyst reports. Royal Bank Of Canada upgraded Taylor Wimpey from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 2nd. Zacks Research lowered 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 report on Monday, November 24th. 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 company. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Taylor Wimpey Price Performance

The business has a 50-day moving average of $13.73 and a 200 day moving average of $13.90.

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.