Travis Perkins (OTCMKTS:TPRKY) Shares Gap Down – Time to Sell?

Travis Perkins PLC (OTCMKTS:TPRKY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $8.21, but opened at $7.81. Travis Perkins shares last traded at $7.81, with a volume of 7,540 shares.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on TPRKY shares. Citigroup reaffirmed a “buy” rating on shares of Travis Perkins in a research note on Monday, January 26th. Jefferies Financial Group cut shares of Travis Perkins from a “hold” rating to a “moderate sell” rating in a research note on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft cut shares of Travis Perkins from a “buy” rating to a “sell” rating in a research report on Thursday, December 11th. Finally, Barclays restated an “overweight” rating on shares of Travis Perkins in a research report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Travis Perkins has an average rating of “Moderate Buy”.

Travis Perkins Price Performance

The company has a fifty day simple moving average of $8.88 and a 200-day simple moving average of $8.42. The company has a quick ratio of 0.94, a current ratio of 1.49 and a debt-to-equity ratio of 0.15.

About Travis Perkins

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.