Water Stocks To Research – November 15th

Coca-Cola, Ecolab, and IDEXX Laboratories are the three Water stocks to watch today, according to MarketBeat’s stock screener tool. Water stocks are shares of publicly traded companies involved in supplying, treating, testing, or managing water and related infrastructure. Investors may buy them to gain exposure to the water industry, though their value depends on each company’s performance and market conditions. These companies had the highest dollar trading volume of any Water stocks within the last several days.

Coca-Cola (KO)

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

NYSE KO traded up $1.64 during trading hours on Friday, reaching $99.08. 18,016,764 shares of the company’s stock traded hands, compared to its average volume of 18,540,020. Coca-Cola has a 52-week low of $67.27 and a 52-week high of $99.30. The firm has a market cap of $426.24 billion, a PE ratio of 29.14, a PEG ratio of 3.80 and a beta of 0.28. The firm has a 50-day simple moving average of $90.83 and a 200 day simple moving average of $83.31. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.38 and a quick ratio of 1.19.

Ecolab (ECL)

Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries.

NYSE:ECL traded up $4.60 during mid-day trading on Friday, hitting $309.01. 1,208,454 shares of the company’s stock were exchanged, compared to its average volume of 1,711,678. The company has a market cap of $86.67 billion, a PE ratio of 42.04, a P/E/G ratio of 2.96 and a beta of 0.85. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.11 and a quick ratio of 0.84. Ecolab has a one year low of $243.15 and a one year high of $318.93. The business has a fifty day moving average price of $286.49 and a 200 day moving average price of $277.54.

IDEXX Laboratories (IDXX)

IDEXX Laboratories, Inc. develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets in Africa, the Asia Pacific, Canada, Europe, Latin America, and internationally. The company operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy.

Shares of NASDAQ IDXX traded up $6.21 on Friday, reaching $704.23. 392,446 shares of the company’s stock traded hands, compared to its average volume of 700,442. IDEXX Laboratories has a 12 month low of $500.61 and a 12 month high of $769.98. The business’s 50 day simple moving average is $562.41 and its two-hundred day simple moving average is $573.52. The company has a market cap of $55.49 billion, a price-to-earnings ratio of 47.49 and a beta of 1.55. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 0.16.