Smith (A.O.) Corporation (AOS) Shares are Down -1.54%

Smith (A.O.) Corporation (AOS) has risen sharply, recording gains of 6.91% in the past 4 weeks. However, the stock has corrected -1.54% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.15% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Smith (A.O.) Corporation (NYSE:AOS): The stock opened at $89.51 on Friday but the bulls could not build on the opening and the stock topped out at $89.67 for the day. The stock traded down to $88.38 during the day, due to lack of any buying support eventually closed down at $89.56 with a loss of -0.10% for the day. The stock had closed at $89.65 on the previous day. The total traded volume was 1,111,016 shares.


The stock has recorded a 20-day Moving Average of 1.62% and the 50-Day Moving Average is 5.8%. AO Smith Corp. is up 11.71% in the last 3-month period. Year-to-Date the stock performance stands at 17.67%.

A. O. Smith Corporation operates its business through two segments, which include North America and Rest of World. Both segments manufacture and market a range of residential gas, gas tankless and electric water heaters and commercial water heating equipment. The North America segment manufactures and markets specialty commercial water heating equipment, condensing and non-condensing boilers, and water systems tanks. The Company serves residential and commercial end markets in North America with a range of products, including water heaters, boilers and others. The Rest of World segment manufactures and markets water treatment products, primarily in Asia. The Rest of World segment includes China, Europe and India. The Company supplies water heaters to the residential market in China with a range of product offering, including electric, gas, gas tankless, heat pump and solar units, as well as combi boilers.

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Your email address will not be published.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.