Taylor Wimpey (OTCMKTS:TWODY) Sees Strong Trading Volume – Here’s Why

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) shares saw unusually-strong trading volume on Monday . Approximately 40,885 shares traded hands during trading, an increase of 162% from the previous session’s volume of 15,621 shares.The stock last traded at $14.4150 and had previously closed at $14.37.

Analyst Ratings Changes

TWODY has been the topic of a number of recent analyst reports. Zacks Research lowered Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research note on Friday, January 2nd. Royal Bank Of Canada raised Taylor Wimpey from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 2nd. Finally, The Goldman Sachs Group raised shares of Taylor Wimpey to a “hold” rating in a report on Monday, November 24th. One equities research 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 given a Sell rating to the stock. According to MarketBeat.com, Taylor Wimpey has an average rating of “Hold”.

Taylor Wimpey Stock Performance

The firm has a 50 day moving average price of $13.65 and a 200-day moving average price of $13.98.

Taylor Wimpey Company Profile

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.