Travis Perkins (OTCMKTS:TPRKY) Reaches New 12-Month High – Here’s What Happened

Travis Perkins PLC (OTCMKTS:TPRKY)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $9.78 and last traded at $9.78, with a volume of 699 shares. The stock had previously closed at $9.3675.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on TPRKY shares. Deutsche Bank Aktiengesellschaft cut Travis Perkins from a “buy” rating to a “sell” rating in a report on Thursday, December 11th. Jefferies Financial Group downgraded Travis Perkins from a “hold” rating to a “moderate sell” rating in a research note on Wednesday, December 3rd. Finally, Citigroup reissued a “buy” rating on shares of Travis Perkins in a report on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Travis Perkins presently has an average rating of “Moderate Buy”.

Travis Perkins Stock Performance

The company has a quick ratio of 0.94, a current ratio of 1.49 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average price is $8.65 and its two-hundred day moving average price is $8.26.

Travis Perkins Company Profile

Travis Perkins plc, trading over the counter as TPRKY, is a leading supplier of building materials and home improvement products in the United Kingdom. The company serves professional builders, contractors and do-it-yourself customers through an extensive network of branch outlets and online channels. Its core offerings span timber and joinery, bricks and blocks, roofing materials, landscaping products, and a wide range of plumbing and heating supplies.

In addition to traditional builders’ merchant services, Travis Perkins has expanded its portfolio to include tool hire, safety equipment and specialist services such as plant and tool servicing.