Travis Perkins (OTCMKTS:TPRKY) Shares Gap Up – Time to Buy?

Travis Perkins PLC (OTCMKTS:TPRKYGet Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $7.66, but opened at $9.12. Travis Perkins shares last traded at $9.09, with a volume of 15,630 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered shares of Travis Perkins from an “overweight” rating to an “underweight” rating in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Travis Perkins has a consensus rating of “Reduce”.

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Travis Perkins Stock Performance

The business has a 50-day moving average price of $7.35 and a 200-day moving average price of $7.85.

Travis Perkins Company Profile

(Get Free Report)

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.

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