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

Taylor Wimpey plc (OTCMKTS:TWODY)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $14.57 and traded as low as $13.30. Taylor Wimpey shares last traded at $13.31, with a volume of 97,737 shares traded.

Analyst Upgrades and Downgrades

Separately, Barclays downgraded shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 6th.

Taylor Wimpey Stock Down 7.1 %

The stock has a 50 day moving average of $14.57 and a two-hundred day moving average of $16.68.

Taylor Wimpey Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, March 28th will be issued a dividend of $0.5896 per share. The ex-dividend date of this dividend is Friday, March 28th. This is an increase from Taylor Wimpey’s previous dividend of $0.56.

About Taylor Wimpey

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.