Taylor Wimpey (OTCMKTS:TWODY) Sees Unusually-High Trading Volume – Here’s What Happened

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) saw unusually-high trading volume on Tuesday . Approximately 107,001 shares changed hands during mid-day trading, an increase of 184% from the previous session’s volume of 37,627 shares.The stock last traded at $14.3175 and had previously closed at $14.28.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. The Goldman Sachs Group raised Taylor Wimpey to a “hold” rating in a research report on Monday, November 24th. Royal Bank Of Canada raised Taylor Wimpey from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 2nd. Finally, Zacks Research cut Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research note on Friday, January 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Taylor Wimpey Price Performance

The company has a 50 day simple moving average of $13.75 and a 200-day simple moving average of $13.84.

Taylor Wimpey Company Profile

Taylor Wimpey plc is a leading residential developer headquartered in High Wycombe, Buckinghamshire, United Kingdom. The company specializes in the acquisition, planning and construction of new homes for private sale, affordable housing and joint‐venture partnerships. With a focus on delivering quality, sustainable communities, Taylor Wimpey guides projects from initial land sourcing and development planning through to marketing, build‐out and after‐sales management.

Founded in 2007 through the merger of Taylor Woodrow and George Wimpey—each with roots dating back to the early 20th century—Taylor Wimpey has grown to become one of the largest homebuilders in the UK.