Barratt Redrow (OTCMKTS:BTDPY) Trading Down 0.2% – Time to Sell?

Barratt Redrow plc. (OTCMKTS:BTDPY)’s stock price was down 0.2% during mid-day trading on Tuesday . The company traded as low as $9.72 and last traded at $9.75. Approximately 70,168 shares were traded during mid-day trading, an increase of 122% from the average daily volume of 31,662 shares. The stock had previously closed at $9.77.

Analysts Set New Price Targets

A number of research analysts have issued reports on BTDPY shares. Royal Bank Of Canada restated an “outperform” rating on shares of Barratt Redrow in a research note on Thursday, September 18th. Kepler Capital Markets raised Barratt Redrow to a “strong-buy” rating in a research report on Wednesday, July 23rd. Peel Hunt raised Barratt Redrow to a “strong-buy” rating in a research report on Thursday, September 18th. Finally, Citigroup reaffirmed a “buy” rating on shares of Barratt Redrow in a research report on Thursday, September 18th. Two analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. Based on data from MarketBeat.com, Barratt Redrow has an average rating of “Strong Buy”.

Barratt Redrow Stock Performance

The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.78 and a current ratio of 0.78. The business has a 50-day moving average price of $10.26 and a 200 day moving average price of $11.16.

Barratt Redrow Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, December 1st. Investors of record on Monday, October 13th will be issued a dividend of $0.2636 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a yield of 357.0%.

Barratt Redrow Company Profile

Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.