Taylor Wimpey (OTCMKTS:TWODY) Shares Gap Down – Time to Sell?

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $11.2625, but opened at $10.65. Taylor Wimpey shares last traded at $10.58, with a volume of 14,723 shares traded.

Wall Street Analyst Weigh In

Several analysts have issued reports on TWODY shares. Rothschild & Co Redburn lowered shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. The Goldman Sachs Group lowered Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

Taylor Wimpey Trading Down 5.4%

The stock’s fifty day moving average is $10.66 and its 200 day moving average is $12.13.

Taylor Wimpey Company Profile

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.