Travis Perkins (LON:TPK) Hits New 52-Week Low – Time to Sell?

Travis Perkins plc (LON:TPK)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 654 ($8.29) and last traded at GBX 656.75 ($8.32), with a volume of 147883 shares changing hands. The stock had previously closed at GBX 657.50 ($8.33).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. dropped their price objective on shares of Travis Perkins from GBX 1,000 ($12.67) to GBX 910 ($11.53) and set an “overweight” rating on the stock in a report on Thursday, December 5th.

Travis Perkins Stock Performance

The company has a quick ratio of 0.84, a current ratio of 1.65 and a debt-to-equity ratio of 48.33. The company has a market capitalization of £1.41 billion, a PE ratio of -80.82, a PEG ratio of 6.44 and a beta of 1.52. The company has a 50-day moving average price of GBX 694.90 and a two-hundred day moving average price of GBX 799.78.

About Travis Perkins

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.