Dallas, Texas 02/14/2014 (FINANCIALSTRENDS) – Recent few sessions have shown a reversal trend in the share price value of Mueller Water Products, Inc. (NYSE:MWA) and there are many factors which are seen as responsible for the reversal. The first and the foremost factor is average dollar volume of $15.0 million and a total of 426,751 shares were traded in the last trading session. During the last trading session MWA was up by 6.9% and traded in the range between $8.80 and $9.07. The 52 week high of MWA is $9.44 and its 52 week low is $5.37.
If we talk about the current market capitalization then it comes around to be 41.44 billion. Its EPS that is earnings per share is 0.22 and beta value is 2.72. The P/E value is 41.41 and the dividend yield comes out to be 0.78. The company’s return on equity has increased to a good level when we compare the same quarter with the same next year quarter. Moreover it has posted a strong numbers in term of gross profit margin and it has come out to be 35.33 percent.
An overview of the Company
MWA that is Mueller Water Products, Inc. (NYSE:MWA) basically deals in the manufacturing and marketing of the products and services that are used for transmission, distribution, and measurement of water in the United States of America and Canada. The company has got two segments and those are Mueller Co. and Anvil and the second one is called as The Mueller Co.
Out of 10 trade analysts there are 6 who are giving a buy call and 4 of them have given a hold call. It is surprising that none of them have given this stock a sell rating ever after it is hovering around its 52 week high value.