Travis Perkins (OTCMKTS:TPRKY) Shares Gap Up – Should You Buy?

Travis Perkins PLC (OTCMKTS:TPRKY) shares gapped up before the market opened on Wednesday . The stock had previously closed at $8.07, but opened at $8.40. Travis Perkins shares last traded at $8.40, with a volume of 219 shares trading hands.

Analyst Ratings Changes

A number of equities analysts have commented on TPRKY shares. Deutsche Bank Aktiengesellschaft lowered shares of Travis Perkins from a “buy” rating to a “sell” rating in a report on Thursday, December 11th. Jefferies Financial Group downgraded Travis Perkins from a “hold” rating to a “moderate sell” rating in a report on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Travis Perkins presently has an average rating of “Moderate Buy”.

Travis Perkins Stock Down 0.1%

The company’s 50-day moving average price is $8.19 and its two-hundred day moving average price is $8.08. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.49 and a quick ratio of 0.94.

Travis Perkins Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 14th. Investors of record on Monday, October 6th were issued a $0.061 dividend. This represents a yield of 226.0%. The ex-dividend date of this dividend was Friday, October 3rd.

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.