Travis Perkins (OTCMKTS:TPRKY) Shares Gap Down – Should You Sell?

Shares of Travis Perkins PLC (OTCMKTS:TPRKY) gapped down before the market opened on Wednesday . The stock had previously closed at $9.08, but opened at $8.74. Travis Perkins shares last traded at $8.74, with a volume of 100 shares.

Analyst Ratings Changes

TPRKY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Travis Perkins in a report on Wednesday, August 5th. Barclays lowered Travis Perkins from an “overweight” rating to an “underweight” rating in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce”.

Travis Perkins Trading Up 1.1%

The business’s 50-day simple moving average is $7.62 and its 200-day simple moving average is $7.86.

Travis Perkins Company Profile

Travis Perkins plc, trading over the counter as TPRKY, is a leading supplier of building materials and home improvement products in the United Kingdom. The company serves professional builders, contractors and do-it-yourself customers through an extensive network of branch outlets and online channels. Its core offerings span timber and joinery, bricks and blocks, roofing materials, landscaping products, and a wide range of plumbing and heating supplies.

In addition to traditional builders’ merchant services, Travis Perkins has expanded its portfolio to include tool hire, safety equipment and specialist services such as plant and tool servicing.