Travis Perkins (OTCMKTS:TPRKY) Sees Strong Trading Volume - Time to Buy?

Key Points

• Travis Perkins PLC experienced a 46% increase in trading volume, with approximately 10,000 shares traded on Friday, pushing the stock price to $8.33.
• The company declared a $0.061 dividend payable on November 14th, with a striking dividend yield of 226.0%.
• Travis Perkins has a low debt-to-equity ratio of 0.15, indicating a strong financial position for potential investors.

Shares of Travis Perkins PLC (OTCMKTS:TPRKY - ) saw unusually-strong trading volume on Friday . Approximately 10,000 shares were traded during mid-day trading, an increase of 46% from the previous session's volume of 6,867 shares.The stock last traded at $8.33 and had previously closed at $8.23.

Travis Perkins Stock Up 1.3%

The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.94 and a current ratio of 1.49. The business has a 50-day moving average price of $7.98 and a two-hundred day moving average price of $7.87.

Travis Perkins Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, November 14th. Shareholders of record on Monday, October 6th will be issued a $0.061 dividend. This represents a dividend yield of 226.0%. The ex-dividend date is Friday, October 3rd.

Travis Perkins Company Profile

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.