Taylor Wimpey (OTCMKTS:TWODY) Share Price Passes Below 50 Day Moving Average – Here’s Why

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $13.75 and traded as low as $13.28. Taylor Wimpey shares last traded at $13.33, with a volume of 23,634 shares traded.

Analyst Ratings Changes

Several equities analysts have recently issued reports on TWODY shares. Zacks Research lowered Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 16th. Barclays lowered shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 6th. Kepler Capital Markets upgraded shares of Taylor Wimpey to a “strong-buy” rating in a report on Wednesday, July 23rd. Finally, Peel Hunt raised shares of Taylor Wimpey to a “hold” rating in a report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Taylor Wimpey has a consensus rating of “Hold”.

Taylor Wimpey Price Performance

The stock’s 50 day moving average is $13.75 and its two-hundred day moving average is $14.67.

Taylor Wimpey Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, October 13th will be given a dividend of $0.5591 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a yield of 800.0%.

Taylor Wimpey Company Profile

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.