Travis Perkins (OTCMKTS:TPRKY) Trading Down 0.4% – Here’s Why

Travis Perkins PLC (OTCMKTS:TPRKY) was down 0.4% during mid-day trading on Wednesday . The company traded as low as $8.7140 and last traded at $8.7140. Approximately 203 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 1,103 shares. The stock had previously closed at $8.7530.

Analyst Ratings Changes

A number of brokerages recently weighed in on TPRKY. Jefferies Financial Group downgraded shares of Travis Perkins from a “hold” rating to a “moderate sell” rating in a research note on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft lowered Travis Perkins from a “buy” rating to a “sell” rating in a research report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Travis Perkins Stock Down 0.4%

The firm’s 50 day simple moving average is $8.25 and its two-hundred day simple moving average is $8.11. The company has a quick ratio of 0.94, a current ratio of 1.49 and a debt-to-equity ratio of 0.15.

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.