Shares of Taylor Wimpey plc (LON:TW - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 116.41 ($1.56) and traded as high as GBX 122.33 ($1.64). Taylor Wimpey shares last traded at GBX 121.95 ($1.64), with a volume of 11,098,770 shares.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on TW shares. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 175 ($2.35) price objective on shares of Taylor Wimpey in a report on Monday, March 3rd. Berenberg Bank reaffirmed a "buy" rating and set a GBX 150 ($2.01) price objective on shares of Taylor Wimpey in a report on Wednesday, April 30th.
Check Out Our Latest Stock Analysis on TW
Taylor Wimpey Stock Performance
The firm has a fifty day simple moving average of GBX 116.15 and a 200-day simple moving average of GBX 116.41. The company has a market cap of £4.38 billion, a PE ratio of 17.79, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79.
Insider Buying and Selling
In related news, insider Chris Carney purchased 117,254 shares of the stock in a transaction that occurred on Tuesday, March 25th. The shares were purchased at an average price of GBX 114 ($1.53) per share, with a total value of £133,669.56 ($179,446.31). Insiders have purchased a total of 117,515 shares of company stock valued at $13,396,971 over the last quarter. 0.87% of the stock is currently owned by insiders.
Taylor Wimpey Company Profile
(
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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