Travis Perkins (LON:TPK) Shares Pass Above Two Hundred Day Moving Average of $774.30

Travis Perkins plc (LON:TPK)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 774.30 ($9.79) and traded as high as GBX 804.50 ($10.18). Travis Perkins shares last traded at GBX 798 ($10.09), with a volume of 326,410 shares.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada decreased their price target on shares of Travis Perkins from GBX 1,025 ($12.96) to GBX 950 ($12.02) and set an “outperform” rating for the company in a report on Tuesday, March 12th.

Travis Perkins Trading Up 1.3 %

The firm has a market cap of £1.70 billion, a P/E ratio of 4,433.33, a P/E/G ratio of 6.44 and a beta of 1.47. The company has a debt-to-equity ratio of 51.63, a quick ratio of 0.84 and a current ratio of 1.69. The firm has a fifty day moving average of GBX 798.16 and a 200-day moving average of GBX 774.30.

Travis Perkins Company Profile

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.