Shares of Travis Perkins plc (OTCMKTS:TPRKY - Get Free Report) shot up 2.7% during mid-day trading on Wednesday . The stock traded as high as $7.79 and last traded at $7.72. 3,080 shares changed hands during trading, a decline of 60% from the average session volume of 7,610 shares. The stock had previously closed at $7.52.
Wall Street Analysts Forecast Growth
Separately, Peel Hunt upgraded Travis Perkins from a "moderate buy" rating to a "strong-buy" rating in a research report on Thursday, April 3rd.
Read Our Latest Report on TPRKY
Travis Perkins Price Performance
The company has a debt-to-equity ratio of 0.22, a current ratio of 1.65 and a quick ratio of 0.98. The stock has a 50-day moving average price of $7.31 and a 200 day moving average price of $8.53.
Travis Perkins Increases Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, June 5th. Shareholders of record on Wednesday, April 23rd will be given a dividend of $0.1165 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a boost from Travis Perkins's previous dividend of $0.07. This represents a yield of 2.65%.
Travis Perkins Company Profile
(
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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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