Travis Perkins plc (OTCMKTS:TPRKY - Get Free Report) shot up 2.7% during mid-day trading on Wednesday . The company traded as high as $7.79 and last traded at $7.72. 3,080 shares changed hands during mid-day 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 note on Thursday, April 3rd.
Read Our Latest Report on Travis Perkins
Travis Perkins Stock Up 2.7 %
The firm's 50-day moving average is $7.30 and its 200 day moving average is $8.65. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.65 and a quick ratio of 0.98.
Travis Perkins Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, June 5th. Stockholders of record on Wednesday, April 23rd will be issued a $0.1165 dividend. This represents a dividend yield of 2.65%. This is a boost from Travis Perkins's previous dividend of $0.07. The ex-dividend date is Tuesday, April 22nd.
About Travis Perkins
(
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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.
Further Reading
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