Taylor Wimpey (OTCMKTS:TWODY) Reaches New 1-Year Low - Should You Sell?

Key Points

• Taylor Wimpey shares hit a new 52-week low at $12.97, declining from a previous close of $13.14.
• Recent analyst ratings include a shift from "moderate buy" to "hold" by Royal Bank of Canada, while Barclays downgraded the stock from "hold" to "strong sell".
• The company's current average analyst rating is "Hold", with one analyst rating it as "Strong Buy" and another as "Sell".

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY - Get Free Report)'s share price hit a new 52-week low on Friday . The company traded as low as $12.97 and last traded at $12.97, with a volume of 1112 shares changing hands. The stock had previously closed at $13.14.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TWODY. Kepler Capital Markets raised shares of Taylor Wimpey to a "strong-buy" rating in a report on Wednesday, July 23rd. Royal Bank Of Canada lowered shares of Taylor Wimpey from a "moderate buy" rating to a "hold" rating in a report on Wednesday, July 9th. Peel Hunt raised shares of Taylor Wimpey to a "hold" rating in a report on Friday, August 1st. Finally, Barclays lowered shares of Taylor Wimpey from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold".

Taylor Wimpey Stock Down 1.5%

The business's 50 day simple moving average is $14.64 and its 200-day simple moving average is $14.97.

Taylor Wimpey Company Profile

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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