Taylor Wimpey (LON:TW) Stock Price Crosses Above 200 Day Moving Average - Here's What Happened

Taylor Wimpey plc (LON:TW - Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 152.78 ($1.98) and traded as high as GBX 155.15 ($2.01). Taylor Wimpey shares last traded at GBX 146.30 ($1.90), with a volume of 31,067,952 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 175 ($2.27) target price on shares of Taylor Wimpey in a report on Wednesday, July 31st. JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a GBX 150 ($1.95) target price on shares of Taylor Wimpey in a report on Thursday, August 1st.

Taylor Wimpey Trading Up 0.8 %

The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.71 and a current ratio of 5.08. The company has a market capitalization of £5.22 billion, a price-to-earnings ratio of 2,105.71, a P/E/G ratio of 2.04 and a beta of 1.81. The business's 50-day simple moving average is GBX 161.35 and its 200-day simple moving average is GBX 152.86.

Taylor Wimpey Company Profile

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.