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

Shares of Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) gapped down prior to trading on Wednesday. The stock had previously closed at $10.96, but opened at $10.49. Taylor Wimpey shares last traded at $10.41, with a volume of 2,424 shares.

Analyst Upgrades and Downgrades

Several analysts recently commented on TWODY shares. Zacks Research raised Taylor Wimpey from a “strong sell” rating to a “hold” rating in a report on Monday, October 5th. UBS Group raised Taylor Wimpey to a “strong sell” rating in a report on Wednesday, September 9th. Finally, The Goldman Sachs Group raised Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 20th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Taylor Wimpey currently has a consensus rating of “Hold”.

Taylor Wimpey Price Performance

The firm’s 50-day moving average is $10.66 and its 200-day moving average is $11.55. The company has a current ratio of 4.99, a quick ratio of 0.44 and a debt-to-equity ratio of 0.02.

About Taylor Wimpey

Taylor Wimpey plc is a residential property developer that builds and sells homes in the United Kingdom and Spain. Its developments include apartments and houses for a range of buyers, from first-time purchasers to families. The company’s activities span land acquisition, planning, construction and home sales. In the UK, it operates across multiple regions and also works with housing associations and other partners on affordable housing. Taylor Wimpey was formed in 2007 through the merger of George Wimpey and Taylor Woodrow, two businesses with histories dating back to the 19th century.