Taylor Wimpey (LON:TW) Share Price Crosses Above 200-Day Moving Average of $141.84

Taylor Wimpey plc (LON:TW)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 141.84 ($1.80) and traded as high as GBX 150.65 ($1.91). Taylor Wimpey shares last traded at GBX 147.40 ($1.87), with a volume of 8,661,481 shares.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Royal Bank of Canada raised shares of Taylor Wimpey to an “outperform” rating and set a GBX 175 ($2.22) target price for the company in a research note on Friday, April 12th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Taylor Wimpey in a research report on Friday, May 3rd. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 130 ($1.65) price objective on shares of Taylor Wimpey in a research note on Monday, March 4th.

Taylor Wimpey Trading Down 2.5 %

The company has a current ratio of 5.37, a quick ratio of 0.71 and a debt-to-equity ratio of 2.80. The company has a fifty day moving average price of GBX 141.92 and a two-hundred day moving average price of GBX 141.84. The firm has a market capitalization of £5.09 billion, a price-to-earnings ratio of 1,474.00, a PEG ratio of 2.12 and a beta of 1.76.

Insider Buying and Selling

In other news, insider Jennie Daly acquired 132,448 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was purchased at an average cost of GBX 141 ($1.79) per share, for a total transaction of £186,751.68 ($237,295.65). 0.80% of the stock is currently owned by company insiders.

About Taylor Wimpey

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.