Travis Perkins (OTCMKTS:TPRKY) Trading Up 17.6% – What’s Next?

Travis Perkins PLC (OTCMKTS:TPRKY) shares traded up 17.6% during trading on Wednesday . The stock traded as high as $9.01 and last traded at $9.01. 3,860 shares were traded during mid-day trading, a decline of 43% from the average session volume of 6,761 shares. The stock had previously closed at $7.66.

Analyst Ratings Changes

Several brokerages have recently weighed in on TPRKY. Barclays lowered shares of Travis Perkins from an “overweight” rating to an “underweight” rating in a report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of Travis Perkins in a report on Wednesday. One investment analyst has rated the stock with a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce”.

Travis Perkins Trading Up 1.6%

The stock has a fifty day moving average price of $7.45 and a 200-day moving average price of $7.86.

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.