Travis Perkins (OTCMKTS:TPRKY) Shares Gap Up – Still a Buy?

Travis Perkins PLC (OTCMKTS:TPRKY)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $8.41, but opened at $8.6910. Travis Perkins shares last traded at $8.6910, with a volume of 226 shares.

Analysts Set New Price Targets

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

Travis Perkins Stock Performance

The business’s fifty day simple moving average is $8.19 and its 200-day simple moving average is $8.08. 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 Announces Dividend

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

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.