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Taylor Wimpey (LON:TW) Stock Passes Above 200-Day Moving Average - Here's What Happened

Taylor Wimpey logo with Consumer Cyclical background

Taylor Wimpey plc (LON:TW - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 115.78 ($1.58) and traded as high as GBX 119.14 ($1.62). Taylor Wimpey shares last traded at GBX 113.30 ($1.54), with a volume of 31,221,259 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 150 ($2.04) target price on shares of Taylor Wimpey in a research note on Wednesday, April 30th.

Check Out Our Latest Report on Taylor Wimpey

Taylor Wimpey Price Performance

The stock has a fifty day moving average of GBX 118.54 and a 200-day moving average of GBX 115.53. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79. The stock has a market capitalization of £4.06 billion, a price-to-earnings ratio of 16.49, a P/E/G ratio of 2.04 and a beta of 1.81.

About Taylor Wimpey

(Get Free Report)

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.

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