Mueller Water Products Inc (NYSE: MWA) has recently enjoyed extremely important positive changes in investment behavior: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and positive upside/downside volume developed.
Marginal positive changes in fundamentals have recently occurred for Mueller Water Products Inc (NYSE: MWA): significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
MWA is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Mueller Water Products has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Mueller Water Products has a neutral Power Rating of 41 but a poor Appreciation Score of 16, resulting in the Lowest Value Trend Rating.
Recent Price Action
Mueller Water Products Inc (NYSE: MWA) stock closed at $14.28 on 12/19/23 after a modest gain of 0.4%. Moreover, this advance was accompanied by above average trading volume at 133% of normal. The stock has performed in line with the market over the last nine months and has risen 3.6% during the last week.
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