Waters Corporation (WAT) : Wednesdays money flow data in Waters Corporation (WAT) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $25.12 million, whereas, $16.05 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.56, in favor of the bulls. The total money flow into the stock was $9.06 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $8.73 million. The total value of block trades done on upticks was $8.73 million. Waters Corporation (WAT) fell $1.24 and traded at $158.24, down -0.78% for the day, over previous days close. On a weekly basis, the shares are 0.36% over the previous weeks close.
Shares of Waters Corporation appreciated by 0.97% during the last five trading days but lost 0.42% on a 4-week basis. Waters Corporation is up 17.52% in the last 3-month period. Year-to-Date the stock performance stands at 17.58%.
Waters Corporation (WAT) : 3 brokerage houses believe that Waters Corporation (WAT) is a Strong Buy at current levels. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Waters Corporation (WAT). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 12 Wall Street Analysts endorse the stock as a Hold with a rating of 2.61.
Waters Corporation (NYSE:WAT): stock was range-bound between the intraday low of $156.79 and the intraday high of $159.4999 after having opened at $159.37 on Wednesdays session. The stock finally closed in the red at $159.37, a loss of -0.78%. The stock remained in the red for the whole trading day. The total traded volume was 560,450 shares. The stock failed to cross $159.4999 in Wednesdays trading. The stocks closing price on Thursday was $159.48.
Waters Corporation (Waters) is an analytical instrument manufacturer. The Company designs, manufactures, distributes and services instrument systems, columns and other chemistry consumables that are integrated and used along with other analytical instruments. The Company has two segments: Waters Division and TA Division. The Waters Divisions products and services primarily consist of high performance liquid chromatography (HPLC), ultra performance liquid chromatography (UPLC and together with HPLC, referred to as LC), mass spectrometry (MS) and chemistry consumable products and related services. TA Divisions products and services primarily consist of thermal analysis, rheometry and calorimetry instrument systems and service sales. The Companys products are used by pharmaceutical, life science, biochemical, industrial, nutritional safety, environmental, academic and governmental customers working in research and development, quality assurance and other laboratory applications.