MUELLER WATER PRODUCTS (MWA) Shares are Up 0.88%

MUELLER WATER PRODUCTS (MWA) : Traders are bullish on MUELLER WATER PRODUCTS (MWA) as it has outperformed the S&P 500 by a wide margin of 3.51% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.72%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.88% in the last 1 week, and is up 2.95% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 2.92% and the 50-Day Moving Average is 4%.The 200 Day SMA reached 22.05%

MUELLER

MUELLER WATER PRODUCTS (NYSE:MWA): After opening at $12.44, the stock dipped to an intraday low of $12.325 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.59 and the buying power remained strong till the end. The stock closed at $12.55 for the day, a gain of 1.46% for the day session. The total traded volume was 936,849. The stocks close on the previous trading day was $12.55.

MUELLER WATER PRODUCTS (MWA) : 7 investment research analysts covering MUELLER WATER PRODUCTS (MWA) have an average price target of $13.14 for the near short term. The highest target price given by the Brokerage Firm to the stock is $15 and the lowest target is $12 for the short term. Analysts expect the variance to be within $1.22 of the average price.

Mueller Water Products, Inc., is a manufacturer and marketer of products and services used in the transmission, distribution and measurement of water. The Companys product portfolio includes engineered valves, fire hydrants, metering products and systems, leak detection and pipe condition assessment, which are used by municipalities, and residential and non-residential construction industries. The Company operates through two segments: Mueller Co. and Anvil. The Company helps municipalities increase operational efficiencies, improve customer service and prioritize capital spending. Mueller Co. manufactures valves for water and gas systems, including iron gate, butterfly, tapping, check, plug and ball valves, dry-barrel and wet-barrel fire hydrants, and metering systems. The Company also manufactures fittings and couplings, including cast iron fittings, malleable iron fittings and unions, grooved fittings, threaded steel pipe coupling and nipples.

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