Taylor Wimpey (OTCMKTS:TWODY) Downgraded to Sell at Zacks Investment Research

Taylor Wimpey (OTCMKTS:TWODYGet Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday, Zacks.com reports.

According to Zacks, “Taylor Wimpey Plc is a residential developer. It engaged in land acquisition, home and community design, urban regeneration and the development of supporting infrastructure. The company’s operating segments includes Housing United Kingdom and Housing Spain. Housing United Kingdom segment builds a wide range of homes in the UK, from one bedroom apartments to five bedroom houses. Housing Spain segment builds homes in popular locations. Taylor Wimpey Plc is headquartered in High Wycombe, the United Kingdom. “

Shares of OTCMKTS:TWODY traded up $0.75 during trading on Wednesday, reaching $17.28. The stock had a trading volume of 2,299 shares, compared to its average volume of 611. The firm’s fifty day moving average is $18.59 and its 200 day moving average is $20.53. The company has a current ratio of 5.83, a quick ratio of 1.05 and a debt-to-equity ratio of 0.02. Taylor Wimpey has a 52 week low of $16.34 and a 52 week high of $26.94.

About Taylor Wimpey (Get Rating)

Taylor Wimpey plc operates a residential developer in the United Kingdom and Spain. It builds and delivers various homes and communities, including apartments to six-bedroom houses. Taylor Wimpey plc was founded in 1880 and is based in High Wycombe, the United Kingdom.

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