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Water Stocks To Research - November 12th

Coca-Cola logo with Consumer Staples background
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Key Points

  • MarketBeat identified Coca-Cola, IDEXX Laboratories, and Ecolab as water stocks to watch, based on their recent dollar trading volume. The category includes companies involved in water supply, treatment, testing, and management.
  • Coca-Cola, whose beverage portfolio includes water, rose $0.20 to $97.78 in Thursday’s midday trading and had a market capitalization of $420.62 billion.
  • IDEXX Laboratories, which operates a water-quality testing segment, fell $2.38 to $700.21; Ecolab, a provider of water treatment and related services, declined $0.94 to $306.92.
  • MarketBeat previews top five stocks to own in December.

Coca-Cola, IDEXX Laboratories, and Ecolab are the three Water stocks to watch today, according to MarketBeat's stock screener tool. Water stocks are shares of companies involved in supplying, treating, testing, or managing water, including utilities and water-infrastructure or technology firms. Investors buy them to gain exposure to the water sector; their performance depends on factors such as regulation, infrastructure spending, and demand. 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 stock traded up $0.20 during mid-day trading on Thursday, reaching $97.78. The company had a trading volume of 7,656,430 shares, compared to its average volume of 16,998,357. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.19 and a current ratio of 1.38. The company has a market capitalization of $420.62 billion, a price-to-earnings ratio of 28.73, a price-to-earnings-growth ratio of 3.78 and a beta of 0.28. The firm has a fifty day simple moving average of $90.45 and a 200 day simple moving average of $83.06. Coca-Cola has a fifty-two week low of $67.27 and a fifty-two week high of $98.38.

Read Our Latest Research Report on KO

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 IDEXX Laboratories stock traded down $2.38 on Thursday, reaching $700.21. 224,257 shares of the company were exchanged, compared to its average volume of 580,842. IDEXX Laboratories has a 1-year low of $500.61 and a 1-year high of $769.98. The company has a market cap of $55.17 billion, a P/E ratio of 47.22 and a beta of 1.55. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.19 and a quick ratio of 0.88. The stock's 50 day moving average price is $555.73 and its 200-day moving average price is $573.47.

Read Our Latest Research Report on IDXX

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 ECL traded down $0.94 during midday trading on Thursday, reaching $306.92. The stock had a trading volume of 509,352 shares, compared to its average volume of 1,462,920. Ecolab has a 1-year low of $243.15 and a 1-year high of $318.93. The company's fifty day simple moving average is $285.40 and its two-hundred day simple moving average is $277.31. The company has a market cap of $86.08 billion, a price-to-earnings ratio of 41.74, a PEG ratio of 2.98 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.

Read Our Latest Research Report on ECL

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