Taylor Wimpey (LON:TW) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

Shares of Taylor Wimpey plc (LON:TW - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 116.41 ($1.57) and traded as high as GBX 122.33 ($1.65). Taylor Wimpey shares last traded at GBX 121.95 ($1.64), with a volume of 11,098,770 shares changing hands.

Analysts Set New Price Targets

TW has been the subject of several recent research reports. Jefferies Financial Group reissued a "buy" rating and issued a GBX 175 ($2.35) price target on shares of Taylor Wimpey in a research report on Monday, March 3rd. Berenberg Bank reissued a "buy" rating and issued a GBX 150 ($2.02) price target on shares of Taylor Wimpey in a research report on Wednesday, April 30th.

Taylor Wimpey Trading Up 0.8%

The firm has a market capitalization of £4.31 billion, a PE ratio of 17.49, a PEG ratio of 2.04 and a beta of 1.81. The company's 50-day moving average price is GBX 117.13 and its 200-day moving average price is GBX 116.21. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.71 and a current ratio of 5.08.

Insider Transactions at Taylor Wimpey

In related news, insider Chris Carney purchased 117,254 shares of Taylor Wimpey stock in a transaction that occurred on Tuesday, March 25th. The stock was purchased at an average cost of GBX 114 ($1.53) per share, with a total value of £133,669.56 ($179,760.03). In the last three months, insiders bought 117,515 shares of company stock valued at $13,396,971. Insiders own 0.87% of the company's stock.

About Taylor Wimpey

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.