How Will the Market React to Mueller Water Products Inc (MWA) Stock Getting a Bullish Rating

The market has been high on Mueller Water Products Inc (MWA) stock recently. MWA gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Mueller Water Products Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MWA!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With MWA Stock Today?

Mueller Water Products Inc (MWA) stock is lower by -0.62% while the S&P 500 is up 0% as of 1:28 PM on Friday, Mar 22. MWA is lower by -$0.10 from the previous closing price of $16.05 on volume of 177,826 shares. Over the past year the S&P 500 is higher by 33.14% while MWA is up 22.69%. MWA earned $0.49 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 32.37. To screen for more stocks like Mueller Water Products Inc click here.

More About Mueller Water Products Inc

Mueller Water Products, Inc. is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in the business segment of Infrastructure and Technologies. Infrastructure manufactures valves for water and gas systems, including iron gate, butterfly, tapping, and others. Technologies offer water metering products and systems and water leak detection and pipe condition assessment products and services. Click Here to get the full Stock Report for Mueller Water Products Inc stock.