Reliance Worldwide (ASX:RWC) Trading 1% Higher

Reliance Worldwide Co. Ltd (ASX:RWC)’s stock price traded up 1% on Monday . The company traded as high as A$3.97 ($2.82) and last traded at A$3.96 ($2.81), 787,527 shares changed hands during trading. The stock had previously closed at A$3.92 ($2.78).

The firm has a market capitalization of $3.13 billion and a P/E ratio of 23.57. The company has a current ratio of 3.78, a quick ratio of 2.10 and a debt-to-equity ratio of 35.26. The business’s 50 day simple moving average is A$3.66 and its two-hundred day simple moving average is A$4.03.

Reliance Worldwide Company Profile (ASX:RWC)

Reliance Worldwide Corporation Limited, together with its subsidiaries, designs, manufactures, and supplies water flow and control systems, and plumbing solutions for domestic, commercial, and industrial applications. It primarily offers push-fit plumbing fittings under the SharkBite name; water control valves, including thermostatic mixing valves, combination non-return and isolating valves, pressure and temperature relief valves, and expansion control valves under the RMC brand; water safety valves under the Cash Acme name; and water control devices under the Reliance Water Controls name.

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