Taylor Wimpey (TWODY) Cut to “Hold” at Zacks Investment Research

Taylor Wimpey (OTCMKTS:TWODY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Wednesday.

According to Zacks, “Taylor Wimpey Plc is a residential developer. It engaged in land acquisition, home and community design, urban regeneration and the development of supporting infrastructure. The company’s operating segments includes Housing United Kingdom and Housing Spain. Housing United Kingdom segment builds a wide range of homes in the UK, from one bedroom apartments to five bedroom houses. Housing Spain segment builds homes in popular locations. Taylor Wimpey Plc is headquartered in High Wycombe, the United Kingdom. “

Separately, ValuEngine cut Taylor Wimpey from a “strong-buy” rating to a “buy” rating in a report on Wednesday, January 3rd.

Shares of Taylor Wimpey (TWODY) traded down $0.47 during mid-day trading on Wednesday, reaching $27.33. The company had a trading volume of 3,000 shares, compared to its average volume of 1,925. Taylor Wimpey has a 1-year low of $25.38 and a 1-year high of $28.15. The company has a current ratio of 3.27, a quick ratio of 0.47 and a debt-to-equity ratio of 0.03.

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About Taylor Wimpey

Taylor Wimpey plc operates as a homebuilding company in the United Kingdom and Spain. It builds various homes, such as one- and two-bedroom apartments, and five-bedroom detached houses. The company was founded in 1880 and is headquartered in High Wycombe, the United Kingdom.

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