Travis Perkins (OTCMKTS:TPRKY) Sees Large Volume Increase – Here’s Why

Travis Perkins PLC (OTCMKTS:TPRKYGet Free Report) shares saw an uptick in trading volume on Monday . Approximately 20,765 shares were traded during mid-day trading, an increase of 252% from the previous session’s volume of 5,895 shares.The stock last traded at $7.89 and had previously closed at $8.12.

Analysts Set New Price Targets

Several research firms have recently weighed in on TPRKY. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Travis Perkins in a report on Wednesday, August 5th. Barclays lowered Travis Perkins from an “overweight” rating to an “underweight” rating in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.

Check Out Our Latest Stock Analysis on Travis Perkins

Travis Perkins Stock Down 0.9%

The firm has a fifty day moving average of $8.18 and a 200-day moving average of $7.71.

About Travis Perkins

(Get Free Report)

Travis Perkins plc is a United Kingdom-based distributor of building materials, construction supplies and home-improvement products. The company serves professional tradespeople, builders, contractors and other customers through a network of branches, specialist businesses and digital channels.

Its operations include general builders’ merchandising under the Travis Perkins brand, plumbing and heating supplies through City Plumbing, and specialist products for insulation, dry lining, civils, infrastructure and commercial construction through businesses such as CCF, Keyline and BSS.

Further Reading

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