Reliance Worldwide (ASX:RWC) Trading 0.2% Higher

Reliance Worldwide Co. Ltd (ASX:RWC) shares traded up 0.2% during mid-day trading on Monday . The company traded as high as A$4.49 ($3.18) and last traded at A$4.46 ($3.16), 1,813,403 shares were traded during mid-day trading. The stock had previously closed at A$4.45 ($3.16).

The stock’s 50-day moving average is A$4.17 and its 200-day moving average is A$3.90. The stock has a market cap of $3.48 billion and a P/E ratio of 26.25. The company has a current ratio of 3.78, a quick ratio of 2.10 and a debt-to-equity ratio of 35.26.

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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