Best Water Stocks To Add to Your Watchlist - November 7th

Key Points

• Coca-Cola, Ecolab, and American Water Works were identified by MarketBeat’s screener as water-related stocks with the highest recent dollar trading volume.
• The companies offer different exposure to water demand: Coca-Cola sells beverages, Ecolab provides water-treatment and hygiene solutions, and American Water Works operates water and wastewater utilities serving about 3.5 million customers.
• All three shares fell on Friday: Coca-Cola closed at $95.69, Ecolab at $300.82, and American Water Works at $150.42.

Coca-Cola, Ecolab, and American Water Works are the three Water stocks to watch today, according to MarketBeat's stock screener tool. Water stocks are shares of companies whose businesses are tied to water, such as utilities, treatment and desalination firms, and makers of water infrastructure or technology. Investors may view them as a way to gain exposure to demand for water services, though their performance depends on company finances, regulation, 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.

KO traded down $0.04 during trading on Friday, reaching $95.69. 18,418,474 shares of the company were exchanged, compared to its average volume of 16,738,640. The stock has a market cap of $411.63 billion, a P/E ratio of 28.14, a PEG ratio of 3.74 and a beta of 0.28. The firm has a 50 day moving average of $89.96 and a 200 day moving average of $82.69. The company has a current ratio of 1.38, a quick ratio of 1.19 and a debt-to-equity ratio of 0.93. Coca-Cola has a 52 week low of $67.27 and a 52 week high of $97.39.

Read Our Latest Research Report on KO

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.

Shares of Ecolab stock traded down $5.01 during trading on Friday, hitting $300.82. 2,219,181 shares of the stock were exchanged, compared to its average volume of 1,476,912. The stock's fifty day moving average is $284.00 and its 200 day moving average is $276.93. The stock has a market cap of $84.37 billion, a PE ratio of 40.93, a P/E/G ratio of 3.00 and a beta of 0.85. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.84 and a current ratio of 1.11. Ecolab has a 12 month low of $243.15 and a 12 month high of $318.93.

Read Our Latest Research Report on ECL

American Water Works (AWK)

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.

American Water Works stock traded down $2.00 during midday trading on Friday, reaching $150.42. 3,270,359 shares of the stock traded hands, compared to its average volume of 1,941,038. The company has a current ratio of 0.39, a quick ratio of 0.36 and a debt-to-equity ratio of 1.17. The firm has a fifty day moving average price of $136.74 and a two-hundred day moving average price of $132.87. The firm has a market cap of $29.95 billion, a price-to-earnings ratio of 26.07, a PEG ratio of 3.00 and a beta of 0.56. American Water Works has a fifty-two week low of $120.57 and a fifty-two week high of $153.69.

Read Our Latest Research Report on AWK

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