Taylor Wimpey (OTCMKTS:TWODY) Sees Large Volume Increase – Still a Buy?

Shares of Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) saw strong trading volume on Friday . 312,333 shares changed hands during mid-day trading, an increase of 158% from the previous session’s volume of 121,039 shares.The stock last traded at $13.09 and had previously closed at $12.54.

Analyst Upgrades and Downgrades

Several equities analysts have commented on TWODY shares. Barclays cut shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 6th. Peel Hunt upgraded shares of Taylor Wimpey to a “hold” rating in a research note on Friday, August 1st. Finally, Zacks Research upgraded Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research report on Friday, November 14th. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Taylor Wimpey Stock Up 3.8%

The stock has a fifty day moving average of $13.72 and a 200-day moving average of $14.56.

Taylor Wimpey Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, October 13th will be issued a dividend of $0.5591 per share. This represents a yield of 800.0%. The ex-dividend date is Friday, October 10th.

About Taylor Wimpey

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.