Travis Perkins (OTCMKTS:TPRKY) Hits New 1-Year High – Here’s What Happened

Travis Perkins PLC (OTCMKTS:TPRKY) shares hit a new 52-week high on Monday . The company traded as high as $9.15 and last traded at $9.15, with a volume of 722 shares changing hands. The stock had previously closed at $8.88.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Citigroup reiterated a “buy” rating on shares of Travis Perkins in a research report on Monday. Deutsche Bank Aktiengesellschaft downgraded shares of Travis Perkins from a “buy” rating to a “sell” rating in a research report on Thursday, December 11th. Finally, Jefferies Financial Group cut Travis Perkins from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Travis Perkins has an average rating of “Moderate Buy”.

Travis Perkins Stock Performance

The stock’s fifty day simple moving average is $8.37 and its 200-day simple moving average is $8.14. The company has a quick ratio of 0.94, a current ratio of 1.49 and a debt-to-equity ratio of 0.15.

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.