Taylor Wimpey (OTCMKTS:TWODY) Sets New 12-Month Low – What’s Next?

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $11.17 and last traded at $11.34, with a volume of 704 shares traded. The stock had previously closed at $11.82.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Friday, January 2nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Taylor Wimpey Price Performance

The firm’s fifty day moving average is $13.80 and its two-hundred day moving average is $13.82.

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.