Company Shares of MUELLER WATER PRODUCTS (NYSE:MWA) Rally 1.49%

MUELLER WATER PRODUCTS (NYSE:MWA) : Traders are bullish on MUELLER WATER PRODUCTS (NYSE:MWA) as it has outperformed the S&P 500 by a wide margin of 0.23% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.21%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.49% in the last 1 week, and is up 1.85% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 29.56% from its 1 Year high price. On Jun 9, 2016, the shares registered one year high at $11.75 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $11.13 and the 200 Day Moving Average price is recorded at $9.66.

The stock has recorded a 20-day Moving Average of 3.56% and the 50-Day Moving Average is 5.73%.


MUELLER WATER PRODUCTS (NYSE:MWA): stock turned positive on Friday. Though the stock opened at $11.44, the bulls momentum made the stock top out at $11.57 level for the day. The stock recorded a low of $11.265 and closed the trading day at $11.57, in the green by 2.21%. The total traded volume for the day was 1,465,192. The stock had closed at $11.32 in the previous days trading.

In an insider trading activity, The officer (President, Anvil), of Mueller Water Products, Inc., Fish Thomas E had unloaded 65,000 shares at $9.2 per share in a transaction on February 23, 2015. The total value of transaction was $598,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Mueller Water Products, Inc., is a manufacturer and marketer of products and services used in the transmission, distribution and measurement of water. The Companys product portfolio includes engineered valves, fire hydrants, metering products and systems, leak detection and pipe condition assessment, which are used by municipalities, and residential and non-residential construction industries. The Company operates through two segments: Mueller Co. and Anvil. The Company helps municipalities increase operational efficiencies, improve customer service and prioritize capital spending. Mueller Co. manufactures valves for water and gas systems, including iron gate, butterfly, tapping, check, plug and ball valves, dry-barrel and wet-barrel fire hydrants, and metering systems. The Company also manufactures fittings and couplings, including cast iron fittings, malleable iron fittings and unions, grooved fittings, threaded steel pipe coupling and nipples.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.