Taylor Wimpey (OTCMKTS:TWODF) Stock Price Down 5.2% – Here’s Why

Taylor Wimpey plc (OTCMKTS:TWODF)’s stock price fell 5.2% on Thursday . The stock traded as low as $1.45 and last traded at $1.45. 5,001 shares were traded during trading, a decline of 27% from the average session volume of 6,831 shares. The stock had previously closed at $1.53.

Wall Street Analyst Weigh In

TWODF has been the subject of a number of research reports. Morgan Stanley lowered Taylor Wimpey from an “equal weight” rating to an “underweight” rating in a research report on Friday, January 23rd. Citigroup restated a “buy” rating on shares of Taylor Wimpey in a report on Tuesday, December 9th. Finally, The Goldman Sachs Group initiated coverage on shares of Taylor Wimpey in a research note on Monday, November 24th. They issued a “neutral” rating on the stock. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Taylor Wimpey Stock Performance

The stock has a 50 day moving average price of $1.43 and a two-hundred day moving average price of $1.37.

Taylor Wimpey Company Profile

Taylor Wimpey plc (OTCMKTS:TWODF) is a leading UK-based residential developer engaged in the design, construction and sale of new homes. The company focuses on delivering high-quality housing schemes, including apartments, detached and semi-detached houses, and bungalows. Through its integrated approach, Taylor Wimpey manages land acquisition, planning approvals and on-site construction to bring forward sustainable communities.

The company offers a diverse range of product types, from first-time buyer homes to family residences and retirement living properties.