BARRATT DEVELOP/ADR (OTCMKTS:BTDPY) Sets New 52-Week High at $21.17
BARRATT DEVELOP/ADR (OTCMKTS:BTDPY)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $21.17 and last traded at $21.15, with a volume of 4656 shares trading hands. The stock had previously closed at $20.91.
Separately, Zacks Investment Research upgraded shares of BARRATT DEVELOP/ADR from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research note on Wednesday, December 4th.
The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.70 and a current ratio of 0.70. The stock has a market cap of $10.60 billion, a PE ratio of 11.03, a price-to-earnings-growth ratio of 1.92 and a beta of 0.44. The company’s 50 day simple moving average is $19.41 and its 200 day simple moving average is $16.83.
Barratt Developments PLC engages in the housebuilding and commercial development businesses in Great Britain. It acquires and develops land; plans, designs, and constructs residential properties, including apartments, penthouses, and communities; and develops and sells homes. The company offers homes under the Barratt Homes, David Wilson Homes, and Barratt London brands.
Further Reading: What does a neutral rating on stocks mean?
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