Barratt Redrow (OTCMKTS:BTDPY) Sees Large Volume Increase - Should You Buy?

Key Points

• Barratt Redrow plc experienced a significant trading volume increase of 369% on Tuesday, with 126,865 shares changing hands, indicating heightened investor interest.
• The stock had a slight increase of 1.6%, closing the day at $10.30, up from a previous close of $10.15.
• Kepler Capital Markets upgraded Barratt Redrow to a "strong-buy" rating, reflecting positive analyst sentiment towards the company's performance.

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY - Get Free Report) saw strong trading volume on Tuesday . 126,865 shares changed hands during trading, an increase of 369% from the previous session's volume of 27,039 shares.The stock last traded at $10.30 and had previously closed at $10.15.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised shares of Barratt Redrow to a "strong-buy" rating in a research note on Wednesday, July 23rd.

Barratt Redrow Stock Up 1.6%

The stock's fifty day moving average price is $11.47 and its 200 day moving average price is $11.51.

About Barratt Redrow

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.

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