Shares of Travis Perkins PLC (OTCMKTS:TPRKY - Get Free Report) were down 1% during mid-day trading on Thursday . The stock traded as low as $8.24 and last traded at $8.26. Approximately 6,870 shares traded hands during mid-day trading, an increase of 124% from the average daily volume of 3,069 shares. The stock had previously closed at $8.34.
Analysts Set New Price Targets
Separately, Peel Hunt upgraded Travis Perkins from a "moderate buy" rating to a "strong-buy" rating in a research note on Thursday, April 3rd.
View Our Latest Analysis on Travis Perkins
Travis Perkins Stock Down 1.0%
The firm has a fifty day moving average of $8.02 and a 200 day moving average of $8.21. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.68 and a quick ratio of 1.02.
Travis Perkins Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, April 23rd were issued a dividend of $0.1165 per share. This represents a dividend yield of 2.65%. The ex-dividend date was Tuesday, April 22nd. This is an increase from Travis Perkins's previous dividend of $0.07.
About Travis Perkins
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Travis Perkins, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Travis Perkins wasn't on the list.
While Travis Perkins currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
