Travis Perkins (OTCMKTS:TPRKY) Shares Gap Up - Time to Buy?

Key Points

• Travis Perkins PLC shares gapped up from $8.15 to $8.77, reflecting a 6.8% increase before the market opened.
• The company declared a dividend of $0.061 per share, set to be paid on November 14, with an impressive yield of 226.0%.
• Travis Perkins operates in the UK building materials sector, focusing on distribution through its Merchanting and Toolstation segments.

Shares of Travis Perkins PLC (OTCMKTS:TPRKY - ) gapped up before the market opened on Wednesday . The stock had previously closed at $8.15, but opened at $8.77. Travis Perkins shares last traded at $8.77, with a volume of 328 shares trading hands.

Travis Perkins Stock Up 6.8%

The company has a quick ratio of 0.94, a current ratio of 1.49 and a debt-to-equity ratio of 0.15. The firm has a fifty day moving average of $8.08 and a two-hundred day moving average of $7.95.

Travis Perkins Dividend Announcement

The company 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 yield of 226.0%. The ex-dividend date of this dividend 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.

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