Travis Perkins (OTCMKTS:TPRKY) Reaches New 52-Week Low – Here’s Why

Travis Perkins PLC (OTCMKTS:TPRKY)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $6.86 and last traded at $6.86, with a volume of 127 shares. The stock had previously closed at $7.2958.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on TPRKY shares. Barclays reiterated an “overweight” rating on shares of Travis Perkins in a research note on Monday, February 23rd. Citigroup reiterated a “buy” rating on shares of Travis Perkins in a report on Monday, January 26th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold”.

Travis Perkins Price Performance

The firm’s 50 day moving average price is $7.72 and its two-hundred day moving average price is $8.28.

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.