Taylor Wimpey (OTCMKTS:TWODY) Hits New 52-Week Low – Here’s What Happened

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY)’s stock price reached a new 52-week low on Monday . The stock traded as low as $10.11 and last traded at $10.11, with a volume of 2299 shares changing hands. The stock had previously closed at $10.2250.

Analyst Ratings Changes

TWODY has been the topic of several recent analyst reports. Rothschild & Co Redburn lowered shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. The Goldman Sachs Group lowered shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Taylor Wimpey Stock Down 2.2%

The company’s fifty day moving average price is $11.05 and its 200 day moving average price is $12.96.

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.