Taylor Wimpey (OTCMKTS:TWODY) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) saw unusually-strong trading volume on Tuesday. Approximately 230,966 shares were traded during mid-day trading, an increase of 555% from the previous session’s volume of 35,263 shares. The stock last traded at $10.5334 and had previously closed at $10.1125.

Analyst Ratings Changes

TWODY has been the subject of several research analyst reports. UBS Group raised Taylor Wimpey to a “strong sell” rating in a research report on Wednesday, September 9th. Zacks Research upgraded Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Taylor Wimpey has a consensus rating of “Reduce”.

Taylor Wimpey Stock Performance

The firm’s 50 day moving average price is $10.83 and its 200-day moving average price is $10.86. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.99 and a quick ratio of 0.44.

About Taylor Wimpey

Taylor Wimpey plc is a residential property developer and housebuilder headquartered in the United Kingdom. The company acquires land, secures planning approvals and designs, constructs and sells homes for private buyers, while also working with housing associations and other organizations to deliver affordable housing.

The company operates primarily in the United Kingdom, where it builds a range of properties from apartments and starter homes to larger family houses. Its activities also include land development, infrastructure work and the management of large-scale residential communities.