$986.58K in average volume shows that Zurn Elkay Water Solutions Corp (ZWS) is heading in the right direction

Zurn Elkay Water Solutions Corp (NYSE: ZWS) kicked off on Tuesday, up 2.06% from the previous trading day, before settling in for the closing price of $32.09. Over the past 52 weeks, ZWS has traded in a range of $20.06-$34.58.

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Industrials Sector giant saw their annual sales surged by 0.20% over the last five years. While this was happening, its average annual earnings per share was recorded 18.30%. With a float of $143.28 million, this company’s outstanding shares have now reached $172.26 million.

The firm has a total of 2400 workers. Let’s measure their productivity.

Zurn Elkay Water Solutions Corp (ZWS) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Pollution & Treatment Controls Industry. The insider ownership of Zurn Elkay Water Solutions Corp is 16.69%, while institutional ownership is 84.88%. The most recent insider transaction that took place on Apr 19 ’24, was worth 1,395,022. In this transaction 10% Owner of this company sold 43,690 shares at a rate of $31.93, taking the stock ownership to the 24,755,242 shares. Before that another transaction happened on Apr 19 ’24, when Company’s 10% Owner sold 43,690 for $31.93, making the entire transaction worth $1,395,022. This insider now owns 24,755,242 shares in total.

Zurn Elkay Water Solutions Corp (ZWS) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 18.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.28% during the next five years compared to 18.47% growth over the previous five years of trading.

Zurn Elkay Water Solutions Corp (NYSE: ZWS) Trading Performance Indicators

Take a look at Zurn Elkay Water Solutions Corp’s (ZWS) current performance indicators. Last quarter, stock had a quick ratio of 1.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.68. Likewise, its price to free cash flow for the trailing twelve months is 24.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.64, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.28 in one year’s time.

Technical Analysis of Zurn Elkay Water Solutions Corp (ZWS)

Analysing the last 5-days average volume posted by the [Zurn Elkay Water Solutions Corp, ZWS], we can find that recorded value of 1.17 million was better than the volume posted last year of 0.97 million. As of the previous 9 days, the stock’s Stochastic %D was 69.13%. Additionally, its Average True Range was 0.80.

During the past 100 days, Zurn Elkay Water Solutions Corp’s (ZWS) raw stochastic average was set at 73.97%, which indicates a significant decrease from 93.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.72% in the past 14 days, which was lower than the 23.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $31.91, while its 200-day Moving Average is $29.51. Now, the first resistance to watch is $33.04. This is followed by the second major resistance level at $33.32. The third major resistance level sits at $33.83. If the price goes on to break the first support level at $32.25, it is likely to go to the next support level at $31.74. Should the price break the second support level, the third support level stands at $31.46.

Zurn Elkay Water Solutions Corp (NYSE: ZWS) Key Stats

The company with the Market Capitalisation of 5.63 billion has total of 173,134K Shares Outstanding. Its annual sales at the moment are 1,531 M in contrast with the sum of 112,700 K annual income. Company’s last quarter sales were recorded 356,800 K and last quarter income was 13,900 K.