Taylor Wimpey (OTCMKTS:TWODY) Stock Passes Below 50-Day Moving Average - Here's What Happened

Taylor Wimpey plc (OTCMKTS:TWODY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $14.57 and traded as low as $13.30. Taylor Wimpey shares last traded at $13.31, with a volume of 97,737 shares traded.

Analyst Upgrades and Downgrades

Separately, Barclays downgraded Taylor Wimpey from a "strong-buy" rating to a "hold" rating in a research note on Monday, January 6th.

Taylor Wimpey Stock Up 6.3 %

The firm's 50-day moving average is $14.43 and its 200 day moving average is $16.36.

Taylor Wimpey Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, March 28th will be paid a dividend of $0.5896 per share. This is a boost from Taylor Wimpey's previous dividend of $0.56. The ex-dividend date of this dividend is Friday, March 28th.

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.