Travis Perkins (LON:TPK) Stock Price Passes Above 200 Day Moving Average of $774.30

Shares of Travis Perkins plc (LON:TPK) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 lowered their price objective on shares of Travis Perkins from GBX 1,025 ($12.96) to GBX 950 ($12.02) and set an “outperform” rating on the stock in a research report on Tuesday, March 12th.

Travis Perkins Price Performance

The firm has a 50-day simple moving average of GBX 798.16 and a 200-day simple moving average of GBX 774.30. The firm has a market capitalization of £1.70 billion, a PE ratio of 4,433.33, a PEG ratio of 6.44 and a beta of 1.47. The company has a debt-to-equity ratio of 51.63, a current ratio of 1.69 and a quick ratio of 0.84.

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.