Travis Perkins (OTCMKTS:TPRKY) Sees Strong Trading Volume – Still a Buy?

Travis Perkins PLC (OTCMKTS:TPRKY) shares saw an uptick in trading volume on Thursday . 11,390 shares traded hands during trading, an increase of 69% from the previous session’s volume of 6,742 shares.The stock last traded at $7.60 and had previously closed at $7.45.

Wall Street Analysts Forecast Growth

Separately, Barclays cut Travis Perkins from an “overweight” rating to an “underweight” rating in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Buy rating and two have given a Sell rating to the company. According to MarketBeat, Travis Perkins currently has an average rating of “Reduce”.

Travis Perkins Stock Up 0.9%

The stock has a fifty day moving average price of $7.33 and a 200-day moving average price of $7.88.

Travis Perkins Company Profile

Travis Perkins plc, trading over the counter as TPRKY, is a leading supplier of building materials and home improvement products in the United Kingdom. The company serves professional builders, contractors and do-it-yourself customers through an extensive network of branch outlets and online channels. Its core offerings span timber and joinery, bricks and blocks, roofing materials, landscaping products, and a wide range of plumbing and heating supplies.

In addition to traditional builders’ merchant services, Travis Perkins has expanded its portfolio to include tool hire, safety equipment and specialist services such as plant and tool servicing.