Travis Perkins plc (OTCMKTS:TPRKY - Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 20,900 shares, a growth of 895.2% from the April 30th total of 2,100 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 25,100 shares, the days-to-cover ratio is presently 0.8 days.
Wall Street Analyst Weigh In
Separately, Peel Hunt upgraded Travis Perkins from a "moderate buy" rating to a "strong-buy" rating in a research report on Thursday, April 3rd.
Check Out Our Latest Analysis on TPRKY
Travis Perkins Trading Down 1.9%
Shares of OTCMKTS TPRKY traded down $0.16 during trading hours on Monday, hitting $8.44. 4,347 shares of the company traded hands, compared to its average volume of 8,166. The company's 50 day moving average price is $7.58 and its 200 day moving average price is $8.33. Travis Perkins has a 12 month low of $6.31 and a 12 month high of $13.00. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.98 and a current ratio of 1.65.
Travis Perkins Increases Dividend
The company also recently announced a dividend, which will be paid on Thursday, June 5th. Stockholders of record on Wednesday, April 23rd will be paid a $0.1165 dividend. The ex-dividend date is Tuesday, April 22nd. This represents a dividend yield of 2.65%. 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.
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