Travis Perkins (OTCMKTS:TPRKY) Stock Price Down 1% - Should You Sell?

Travis Perkins PLC (OTCMKTS:TPRKY - Get Free Report)'s share price dropped 1% on Thursday . The stock traded as low as $8.24 and last traded at $8.26. Approximately 6,870 shares were traded during trading, an increase of 124% from the average daily volume of 3,069 shares. The stock had previously closed at $8.34.

Wall Street Analyst Weigh In

Separately, Peel Hunt raised Travis Perkins from a "moderate buy" rating to a "strong-buy" rating in a research report on Thursday, April 3rd.

Travis Perkins Stock Down 0.5%

The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.02 and a current ratio of 1.68. The firm's 50 day simple moving average is $8.06 and its 200-day simple moving average is $8.17.

Travis Perkins Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 5th. Shareholders of record on Wednesday, April 23rd were paid a dividend of $0.1165 per share. This represents a yield of 2.65%. This is an increase from Travis Perkins's previous dividend of $0.07. The ex-dividend date of this dividend was Tuesday, April 22nd.

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.