Travis Perkins (OTCMKTS:TPRKY) Sets New 12-Month High – Here’s What Happened

Travis Perkins PLC (OTCMKTS:TPRKY) shares reached a new 52-week high on Thursday . The company traded as high as $9.78 and last traded at $9.78, with a volume of 699 shares trading hands. The stock had previously closed at $9.3675.

Analyst Upgrades and Downgrades

TPRKY has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft lowered Travis Perkins from a “buy” rating to a “sell” rating in a research note on Thursday, December 11th. Jefferies Financial Group cut Travis Perkins from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, December 3rd. Finally, Citigroup reissued a “buy” rating on shares of Travis Perkins in a report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Travis Perkins Price Performance

The business has a 50 day moving average of $8.71 and a 200 day moving average of $8.28. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.94 and a current ratio of 1.49.

About Travis Perkins

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.