Travis Perkins (OTCMKTS:TPRKY) Shares Gap Up - Still a Buy?

Travis Perkins PLC (OTCMKTS:TPRKY - Get Free Report)'s share price gapped up before the market opened on Thursday . The stock had previously closed at $8.02, but opened at $8.34. Travis Perkins shares last traded at $8.31, with a volume of 1,156 shares.

Wall Street Analyst Weigh In

Separately, Peel Hunt raised shares of Travis Perkins from a "moderate buy" rating to a "strong-buy" rating in a report on Thursday, April 3rd.

Travis Perkins Trading Up 3.1%

The firm has a fifty day moving average of $8.27 and a 200 day moving average of $8.13. The company has a current ratio of 1.68, a quick ratio of 1.02 and a debt-to-equity ratio of 0.21.

Travis Perkins Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 5th. Investors of record on Wednesday, April 23rd were paid a $0.1165 dividend. This is a boost from Travis Perkins's previous dividend of $0.07. This represents a dividend yield of 2.65%. The ex-dividend date of this dividend was Tuesday, April 22nd.

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.