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Travis Perkins (OTCMKTS:TPRKY) Shares Up 8.9% - Still a Buy?

Travis Perkins logo with Retail/Wholesale background

Key Points

  • Travis Perkins PLC shares increased by 8.9% during mid-day trading, reaching a high of $8.92 from a previous close of $8.19, although the trading volume dropped significantly to only 254 shares.
  • The company announced a $0.061 dividend to be paid on November 14th, offering a remarkable dividend yield of 226.0%.
  • Travis Perkins has a solid financial standing with a debt-to-equity ratio of 0.15 and a current ratio of 1.49, indicating good liquidity and minimal debt burden.
  • Five stocks we like better than Travis Perkins.

Travis Perkins PLC (OTCMKTS:TPRKY - Get Free Report) rose 8.9% during mid-day trading on Thursday . The stock traded as high as $8.92 and last traded at $8.92. Approximately 254 shares changed hands during trading, a decline of 96% from the average daily volume of 6,820 shares. The stock had previously closed at $8.19.

Travis Perkins Stock Performance

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 company has a 50-day simple moving average of $8.09 and a 200-day simple moving average of $7.96.

Travis Perkins Dividend Announcement

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

Travis Perkins Company Profile

(Get Free Report)

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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