Travis Perkins (OTCMKTS:TPRKY) Shares Gap Down - Time to Sell?

Key Points

• Shares gapped down 4.9% — Travis Perkins opened at $7.81 after a $8.21 close and last traded at $7.81 on a volume of 7,540 shares.
• Analyst views are mixed: Barclays reaffirmed an "overweight" rating while Deutsche Bank and Jefferies downgraded the stock, but MarketBeat's consensus remains a Moderate Buy.
• Technical and fundamental signals are mixed: the stock trades below its 50‑day ($8.88) and 200‑day ($8.42) moving averages, yet the company shows low leverage (debt/equity 0.15) and a quick ratio just under 1 (0.94).

Travis Perkins PLC (OTCMKTS:TPRKY - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $8.21, but opened at $7.81. Travis Perkins shares last traded at $7.81, with a volume of 7,540 shares changing hands.

Analyst Ratings Changes

TPRKY has been the topic of a number of analyst reports. Barclays reaffirmed an "overweight" rating on shares of Travis Perkins in a research note on Monday, February 23rd. Deutsche Bank Aktiengesellschaft downgraded shares of Travis Perkins from a "buy" rating to a "sell" rating in a report on Thursday, December 11th. Jefferies Financial Group downgraded shares of Travis Perkins from a "hold" rating to a "moderate sell" rating in a report on Wednesday, December 3rd. Finally, Citigroup restated a "buy" rating on shares of Travis Perkins in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Travis Perkins presently has a consensus rating of "Moderate Buy".

Travis Perkins Stock Down 4.9%

The company has a current ratio of 1.49, a quick ratio of 0.94 and a debt-to-equity ratio of 0.15. The stock's 50-day simple moving average is $8.88 and its two-hundred day simple moving average is $8.42.

About Travis Perkins

Travis Perkins plc, trading over the counter as TPRKY, is a leading supplier of building materials and home improvement products in the United Kingdom. The company serves professional builders, contractors and do-it-yourself customers through an extensive network of branch outlets and online channels. Its core offerings span timber and joinery, bricks and blocks, roofing materials, landscaping products, and a wide range of plumbing and heating supplies.

In addition to traditional builders' merchant services, Travis Perkins has expanded its portfolio to include tool hire, safety equipment and specialist services such as plant and tool servicing.

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