Less Than Hour Before The NYSE Open, Waters Corporation Is Down By 20%

(VIANEWS) – The NYSE opens in less than hour and Waters Corporation‘s pre-market value is already 20.82% down.

Waters Corporation’s last close was $335.94, 7.66% below its 52-week high of $363.80.

The last session, NYSE finished with Waters Corporation (WAT) rising 0.5% to $335.94. NYSE rose 0.78% to $18,122.26, following the last session’s upward trend on what was a somewhat bullish trend exchanging session.

About Waters Corporation

Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments: Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers' instruments. In addition, the company offers MS technology instruments are used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. Further, the company provides thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer good, and healthcare products, as well as for life science research. Its products are used by clinical, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. The company was founded in 1958 and is headquartered in Milford, Massachusetts.

Earnings Per Share

As for profitability, Waters Corporation has a trailing twelve months EPS of $10.83.

PE Ratio

Waters Corporation has a trailing twelve months price to earnings ratio of 31.02. Meaning, the purchaser of the share is investing $31.02 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 77.62%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 15.7% and a negative 0.7%, respectively.

Moving Average

Waters Corporation’s value is above its 50-day moving average of $323.54 and way higher than its 200-day moving average of $285.00.

More news about Waters Corporation (WAT).

Leave a Reply

Your email address will not be published. Required fields are marked *