Zurn Water Solutions Corporation (ZWS) saw downtrend of -0.11% in the recent trading with $37.14 being its most recent. The current price level -3.07% lower than the highest price of $38.31 marked by the stock while trading over the past 52-weeks, whereas it is 100.35% higher than the lowest price of $18.54 the company dropped to over past 52-weeks. The latest news story on ZWS appeared in Simply Wall St. under the title “Investors in Zurn Water Solutions (NYSE:ZWS) have made a solid return of 263% over the past five years” on Nov-22-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -3.07% below one month high and is +5.81% above of the lowest during that time. Looking into the simple moving average, Zurn Water Solutions Corporation (ZWS)’s stock stands at a SMA-50 of $35.03 while that of 5-day is reading $37.42.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and ZWS’s SMA-200 as of now is $28.19.
Zurn Water Solutions Corporation Earnings – What Happened With ZWS
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $557.2 billion.
ZWS – Zurn Water Solutions Corporation Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 121.39 million. ZWS does have institutional investors; and they hold 97.20% of the stock.
Zurn Water Solutions Corporation – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 63 new insider purchases involving 5,176,421 shares. On the other hand, ZWS declared 2,713,571 shares have been sold in 24 insider transactions over the past three months.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Zurn Water Solutions Corporation was 2.78 while posting a debt to equity ratio of 0.73. The count was 111.37 for long-term debt to equity ratio.
Zurn Water Solutions Corporation’s return on equity, or ROE, is 14.60%, compared to the industry average of 9.87% for Utilities – Utilities – Regulated Water. Although this indicates that ZWS uses its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Zurn Water Solutions Corporation (NYSE:ZWS) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Zurn Water Solutions Corporation (ZWS), we notice that the stock’s 20-day average volume is at 1,038,125 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 1,537,378 shares. And to end, ZWS’s 100-day average volume is 1,431,521 shares with 100% of the long-term indicators pointing towards Buy for the stock.