Taylor Wimpey (OTCMKTS:TWODY) Reaches New 1-Year Low – Should You Sell?

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY)’s share price reached a new 52-week low on Wednesday . The company traded as low as $11.3301 and last traded at $11.38, with a volume of 17940 shares trading hands. The stock had previously closed at $11.83.

Analyst Ratings Changes

Several research analysts have issued reports on TWODY shares. Zacks Research cut Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Friday, January 2nd. Royal Bank Of Canada raised shares of Taylor Wimpey from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 2nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Taylor Wimpey currently has a consensus rating of “Hold”.

Taylor Wimpey Stock Performance

The stock’s 50-day moving average price is $14.14 and its 200-day moving average price is $13.89.

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.