Barratt Redrow (OTCMKTS:BTDPY) Shares Gap Up - Should You Buy?

Key Points

• Shares gapped up pre-market from a $6.77 close to a $7.19 open and last traded at $7.21 on volume of 90,590, but remain well below the 50‑day ($9.78) and 200‑day ($10.08) moving averages.
• Analyst sentiment is mixed with several recent downgrades (Peel Hunt, Jefferies, Zacks) yet an overall MarketBeat consensus of Moderate Buy (1 Strong Buy, 3 Buy, 2 Hold, 1 Sell).
• Fundamentals show very low leverage (debt/equity 0.03) but weak liquidity (quick and current ratios of 0.78), indicating limited short‑term coverage despite conservative debt levels.

Barratt Redrow plc. (OTCMKTS:BTDPY - Get Free Report)'s share price gapped up prior to trading on Monday . The stock had previously closed at $6.77, but opened at $7.19. Barratt Redrow shares last traded at $7.21, with a volume of 90,590 shares traded.

Analyst Ratings Changes

A number of equities research analysts have weighed in on BTDPY shares. Peel Hunt cut shares of Barratt Redrow from a "strong-buy" rating to a "moderate buy" rating in a report on Monday, February 16th. Jefferies Financial Group lowered shares of Barratt Redrow from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 3rd. The Goldman Sachs Group assumed coverage on Barratt Redrow in a research note on Monday, November 24th. They issued a "buy" rating on the stock. Zacks Research lowered Barratt Redrow from a "hold" rating to a "strong sell" rating in a research report on Tuesday, February 17th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating on shares of Barratt Redrow in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Barratt Redrow has an average rating of "Moderate Buy".

Barratt Redrow Price 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's 50 day simple moving average is $9.78 and its two-hundred day simple moving average is $10.08.

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. It is also involved in the commercial development business under the Wilson Bowden Developments brand name. The company offers its homes under the Barratt Homes, David Wilson Homes, and Barratt London brands.

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