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

Key Points

• Taylor Wimpey ADR hit a new 52-week low, trading as low as $10.98 and last at $11.10 on Wednesday with about 49,790 shares changing hands.
• Analyst sentiment has weakened after Zacks downgraded the stock to a strong sell on Jan. 2, though the MarketBeat consensus remains a Hold (1 Strong Buy, 1 Buy, 2 Hold, 2 Sell).
• The share price is trading below both its 50-day ($13.67) and 200-day ($13.79) moving averages, indicating continued technical downward pressure.

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $10.98 and last traded at $11.10, with a volume of 49790 shares traded. The stock had previously closed at $11.51.

Analyst Ratings Changes

Separately, Zacks Research lowered Taylor Wimpey from a "hold" rating to a "strong sell" rating in a report on Friday, January 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold".

Taylor Wimpey Price Performance

The company has a 50-day moving average price of $13.67 and a 200-day moving average price of $13.79.

Taylor Wimpey Company Profile

Taylor Wimpey plc is a leading residential developer headquartered in High Wycombe, Buckinghamshire, United Kingdom. The company specializes in the acquisition, planning and construction of new homes for private sale, affordable housing and joint‐venture partnerships. With a focus on delivering quality, sustainable communities, Taylor Wimpey guides projects from initial land sourcing and development planning through to marketing, build‐out and after‐sales management.

Founded in 2007 through the merger of Taylor Woodrow and George Wimpey—each with roots dating back to the early 20th century—Taylor Wimpey has grown to become one of the largest homebuilders in the UK.

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