Travis Perkins (OTCMKTS:TPRKY) Shares Gap Down – Should You Sell?

Travis Perkins PLC (OTCMKTS:TPRKY)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $8.89, but opened at $8.23. Travis Perkins shares last traded at $8.23, with a volume of 100 shares.

Wall Street Analysts Forecast Growth

TPRKY has been the subject of several research reports. Barclays lowered shares of Travis Perkins from an “overweight” rating to an “underweight” rating in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of Travis Perkins in a report on Wednesday, August 5th. One research analyst has rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce”.

Travis Perkins Price Performance

The stock has a 50 day moving average of $8.01 and a two-hundred day moving average of $7.84.

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.