The stock of Reliance Worldwide Corporation Aus P Ltd (ASX:RWC) is a huge mover today! The stock increased 2.96% or $0.09 on November 30, hitting $3.13. About 9.65M shares traded hands or 589.29% up from the average. Reliance Worldwide Corporation Aus P Ltd (ASX:RWC) has risen 7.19% since May 4, 2016 and is uptrending. It has outperformed by 1.96% the S&P500.
The move comes after 5 months positive chart setup for the $1.64 billion company. It was reported on Nov, 30 by Barchart.com. We have $3.29 PT which if reached, will make ASX:RWC worth $82.00 million more.
More notable recent Reliance Worldwide Corporation Aus P Ltd (ASX:RWC) news were published by: Fool.com.Au which released: “Reliance Worldwide Corporation Aus P Ltd reports, is it a great investment?” on August 29, 2016, also Fool.com.Au with their article: “Should you buy shares in Reliance Worldwide Corporation Limited?” published on April 27, 2016, Smh.com.Au published: “Reliance Worldwide to raise up to $919m for float” on April 11, 2016. More interesting news about Reliance Worldwide Corporation Aus P Ltd (ASX:RWC) were released by: Fool.com.Au and their article: “Brokers send these 2 ASX shares higher with buy recommendations” published on June 08, 2016 as well as Fool.com.Au‘s news article titled: “Leading fund manager says forget the banks and consider these 4 shares instead” with publication date: July 11, 2016.
Reliance Worldwide Corporation Pty Ltd is a global well-known provider of water control systems and plumbing solutions for domestic, commercial and industrial applications. The company has a market cap of $1.64 billion. The Firm develops, assembles and delivers plumbing solutions to businesses and households across Australia and New Zealand through these product lines. It currently has negative earnings.
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