Reliance Worldwide (ASX:RWC) Shares Up 1.8%

Reliance Worldwide Co. Ltd (ASX:RWC) shot up 1.8% on Monday . The stock traded as high as A$4.02 ($2.85) and last traded at A$4.01 ($2.84), 1,428,789 shares changed hands during trading. The stock had previously closed at A$3.94 ($2.79).

The company has a fifty day moving average of A$4.12 and a two-hundred day moving average of A$3.89. The company has a market cap of $3.17 billion and a PE ratio of 23.87. The company has a debt-to-equity ratio of 35.26, a quick ratio of 2.10 and a current ratio of 3.78.

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.

Further Reading: How are Outstanding Shares Different from Authorized Shares?

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