Travis Perkins (OTCMKTS:TPRKY) Shares Gap Down – What’s Next?

Travis Perkins PLC (OTCMKTS:TPRKY)’s share price gapped down before the market opened on Monday . The stock had previously closed at $8.29, but opened at $7.81. Travis Perkins shares last traded at $7.81, with a volume of 201 shares trading hands.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Travis Perkins from a “buy” rating to a “sell” rating in a report on Thursday, December 11th. 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. Barclays reissued an “overweight” rating on shares of Travis Perkins in a research report on Monday, February 23rd. Finally, Citigroup reaffirmed a “buy” rating on shares of Travis Perkins in a report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Travis Perkins currently has a consensus 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 stock has a 50 day moving average of $8.95 and a 200-day moving average of $8.43.

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.