Taylor Wimpey (OTCMKTS:TWODY) Sets New 1-Year Low – What’s Next?

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $12.24 and last traded at $12.2940, with a volume of 37981 shares. The stock had previously closed at $12.49.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TWODY. Royal Bank Of Canada raised shares of Taylor Wimpey from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 2nd. Zacks Research downgraded shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Friday, January 2nd. Finally, The Goldman Sachs Group upgraded shares of Taylor Wimpey to a “hold” rating in a research note on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Taylor Wimpey Price Performance

The business has a 50 day simple moving average of $14.46 and a 200-day simple moving average of $13.94.

About Taylor Wimpey

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.