Travis Perkins (LON:TPK) Hits New 12-Month Low – What’s Next?

Travis Perkins plc (LON:TPK) shares hit a new 52-week low on Tuesday . The stock traded as low as GBX 478 ($6.18) and last traded at GBX 495.60 ($6.40), with a volume of 5747146 shares traded. The stock had previously closed at GBX 550 ($7.11).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. cut their price objective on shares of Travis Perkins from GBX 1,000 ($12.92) to GBX 910 ($11.76) and set an “overweight” rating on the stock in a report on Thursday, December 5th.

Travis Perkins Stock Performance

The business has a 50-day moving average of GBX 644.53 and a two-hundred day moving average of GBX 748.56. The company has a debt-to-equity ratio of 48.33, a current ratio of 1.65 and a quick ratio of 0.84. The company has a market cap of £1.05 billion, a P/E ratio of -59.82, a P/E/G ratio of 6.44 and a beta of 1.52.

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.