Taylor Wimpey (OTCMKTS:TWODY) Sets New 52-Week Low – Here’s What Happened

Shares of Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) hit a new 52-week low on Thursday . The stock traded as low as $12.24 and last traded at $12.2940, with a volume of 37981 shares. The stock had previously closed at $12.49.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on TWODY shares. 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. Zacks Research downgraded shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research note on Friday, January 2nd. Finally, The Goldman Sachs Group raised shares of Taylor Wimpey to a “hold” rating in a research note on Monday, November 24th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Taylor Wimpey Stock Performance

The firm’s 50 day simple moving average is $14.35 and its 200-day simple moving average is $13.92.

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.