Taylor Wimpey (OTCMKTS:TWODY) Sees Strong Trading Volume – Time to Buy?

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) shares saw an uptick in trading volume on Tuesday . 107,001 shares were traded during trading, an increase of 184% from the previous session’s volume of 37,627 shares.The stock last traded at $14.3175 and had previously closed at $14.28.

Analyst Ratings Changes

Several analysts recently issued reports on TWODY shares. Zacks Research downgraded shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Friday, January 2nd. Royal Bank Of Canada upgraded shares of Taylor Wimpey from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 2nd. Finally, The Goldman Sachs Group upgraded shares of Taylor Wimpey to a “hold” rating in a report on Monday, November 24th. One research 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, Taylor Wimpey currently has an average rating of “Hold”.

Taylor Wimpey Stock Performance

The stock’s fifty day simple moving average is $13.75 and its 200-day simple moving average is $13.84.

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.