Travis Perkins (OTCMKTS:TPRKY) Reaches New 12-Month Low – Time to Sell?

Shares of Travis Perkins PLC (OTCMKTS:TPRKY) hit a new 52-week low on Tuesday . The company traded as low as $6.86 and last traded at $6.86, with a volume of 127 shares changing hands. The stock had previously closed at $7.2958.

Analyst Ratings Changes

A number of brokerages have weighed in on TPRKY. Citigroup reaffirmed a “buy” rating on shares of Travis Perkins in a research report on Monday, January 26th. Barclays reaffirmed an “overweight” rating on shares of Travis Perkins in a research report on Monday, February 23rd. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Travis Perkins currently has a consensus rating of “Hold”.

Travis Perkins Stock Performance

The business’s 50-day moving average price is $7.58 and its 200 day moving average price is $8.24.

About Travis Perkins

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.