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Taylor Wimpey (OTCMKTS: TWOGet a rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday, reports.

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

Shares of OTCMKTS: TWO traded at $0.75 during Wednesday’s trading, reaching $17.28. The stock had a trading volume of 2,299 shares, compared to its average volume of 611. The company’s fifty-day moving average is $18.59 and its 200-day moving average is 20.53 $. The company has a current ratio of 5.83, a quick ratio of 1.05 and a debt ratio of 0.02. Taylor Wimpey has a 52 week low of $16.34 and a 52 week high of $26.94.

About Taylor Wimpey (Get a rating)

Taylor Wimpey plc operates a residential developer in the UK and Spain. It builds and delivers various homes and communities, including apartments and six-bedroom homes. Taylor Wimpey plc was founded in 1880 and is based in High Wycombe, UK.

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