Taylor Wimpey (LON:TW) Share Price Passes Above 200-Day Moving Average of $147.33

Shares of Taylor Wimpey plc (LON:TW) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 147.33 ($1.95) and traded as high as GBX 166.05 ($2.19). Taylor Wimpey shares last traded at GBX 165.55 ($2.19), with a volume of 6,866,182 shares.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 150 ($1.98) target price on shares of Taylor Wimpey in a report on Thursday, August 1st. Berenberg Bank reiterated a “buy” rating and issued a GBX 175 ($2.31) price objective on shares of Taylor Wimpey in a report on Wednesday, July 31st.

Taylor Wimpey Trading Up 0.8 %

The company has a market cap of £5.91 billion, a price-to-earnings ratio of 2,365.00, a P/E/G ratio of 2.04 and a beta of 1.81. The company has a current ratio of 5.08, a quick ratio of 0.71 and a debt-to-equity ratio of 2.79. The firm’s 50-day moving average price is GBX 158.81 and its 200 day moving average price is GBX 147.33.

Taylor Wimpey Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 10th will be given a dividend of GBX 4.80 ($0.06) per share. This is an increase from Taylor Wimpey’s previous dividend of $4.79. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 3.03%. Taylor Wimpey’s dividend payout ratio (DPR) is 14,285.71%.

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.