Taylor Wimpey (OTCMKTS:TWODY) Shares Gap Down – What’s Next?

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY)’s share price gapped down before the market opened on Monday . The stock had previously closed at $11.91, but opened at $11.3750. Taylor Wimpey shares last traded at $11.4075, with a volume of 2,313 shares traded.

Wall Street Analyst Weigh In

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

Taylor Wimpey Stock Performance

The firm’s 50-day simple moving average is $13.37 and its two-hundred day simple moving average is $13.74.

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.