Barratt Developments (OTCMKTS:BTDPY) Hits New 12-Month Low – Here’s What Happened

Barratt Developments plc (OTCMKTS:BTDPY)’s stock price reached a new 52-week low on Tuesday . The company traded as low as $10.57 and last traded at $10.57, with a volume of 10531 shares changing hands. The stock had previously closed at $10.99.

Analyst Upgrades and Downgrades

Separately, Citigroup raised shares of Barratt Developments to a “strong-buy” rating in a research report on Thursday, September 5th.

Barratt Developments Stock Down 3.8 %

The firm’s 50 day moving average price is $12.47 and its two-hundred day moving average price is $12.71.

Barratt Developments Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, November 18th. Shareholders of record on Friday, September 27th will be issued a dividend of $0.2582 per share. This is a boost from Barratt Developments’s previous dividend of $0.10. The ex-dividend date of this dividend is Friday, September 27th.

Barratt Developments Company Profile

Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.