Travis Perkins (LON:TPK) Sets New 52-Week Low – What’s Next?

Shares of Travis Perkins plc (LON:TPK) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 654 ($8.28) and last traded at GBX 656.75 ($8.31), with a volume of 147883 shares traded. The stock had previously closed at GBX 657.50 ($8.32).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. decreased their price target on shares of Travis Perkins from GBX 1,000 ($12.66) to GBX 910 ($11.52) and set an “overweight” rating for the company in a report on Thursday, December 5th.

Travis Perkins Stock Performance

The firm has a market capitalization of £1.39 billion, a PE ratio of -79.72, a PEG ratio of 6.44 and a beta of 1.52. The company has a current ratio of 1.65, a quick ratio of 0.84 and a debt-to-equity ratio of 48.33. The firm’s fifty day moving average price is GBX 697.49 and its 200 day moving average price is GBX 802.77.

About Travis Perkins

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.