Zurn Elkay Water Stock Price on February 22, 2024

ZWS Stock  USD 37.82  0.34  0.91%   
Below is the normalized historical share price chart for Zurn Elkay Water extending back to March 29, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Zurn Elkay stands at 37.82, as last reported on the 26th of December, with the highest price reaching 37.82 and the lowest price hitting 37.35 during the day.
IPO Date
29th of March 2012
200 Day MA
33.5543
50 Day MA
38.5228
Beta
0.958
 
Yuan Drop
 
Covid
If you're considering investing in Zurn Stock, it is important to understand the factors that can impact its price. Currently, Zurn Elkay Water is very steady. Zurn Elkay Water shows Sharpe Ratio of 0.0804, which attests that the company had a 0.0804% return per unit of risk over the last 3 months. We have found thirty technical indicators for Zurn Elkay Water, which you can use to evaluate the volatility of the company. Please check out Zurn Elkay's Downside Deviation of 1.27, mean deviation of 0.9907, and Market Risk Adjusted Performance of 0.1435 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
  
At this time, Zurn Elkay's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 186.1 M in 2024, whereas Common Stock is likely to drop slightly above 1.1 M in 2024. . At this time, Zurn Elkay's Price Earnings Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.94 in 2024, whereas Price To Sales Ratio is likely to drop 3.18 in 2024. Zurn Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0804

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Estimated Market Risk

 1.31
  actual daily
11
89% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Zurn Elkay is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Zurn Elkay by adding it to a well-diversified portfolio.
Price Book
4.0457
Enterprise Value Ebitda
22.0578
Price Sales
4.1341
Shares Float
142.1 M
Dividend Share
0.32

Zurn Elkay Valuation on February 22, 2024

It is possible to determine the worth of Zurn Elkay on a given historical date. On February 22, 2024 Zurn was worth 30.98 at the beginning of the trading date compared to the closed value of 31.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zurn Elkay stock. Still, in general, we apply an absolute valuation method to find Zurn Elkay's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Zurn Elkay where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zurn Elkay's related companies.
 Open High Low Close Volume
  30.94    31.20    30.50    30.86    790,727  
02/22/2024
  30.98    31.16    30.83    31.13    719,545  
  31.27    31.56    31.27    31.33    676,746  
Backtest Zurn Elkay  |  Zurn Elkay History  |  Zurn Elkay Valuation   PreviousNext  
Open Value
30.98
31.13
Closing Value
34.92
Upside

Zurn Elkay Trading Date Momentum on February 22, 2024

On February 23 2024 Zurn Elkay Water was traded for  31.33  at the closing time. Highest Zurn Elkay's price during the trading hours was 31.56  and the lowest price during the day was  31.27 . The net volume was 676.7 K. The overall trading history on the 23rd of February contributed to the next trading period price appreciation. The trading date delta to the next next day price was 0.64% . The trading date delta to current price is 2.18% .

Zurn Elkay Water Fundamentals Correlations and Trends

By evaluating Zurn Elkay's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Zurn Elkay's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zurn financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Zurn Elkay Stock history

Zurn Elkay investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Zurn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zurn Elkay Water will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Zurn Elkay stock prices may prove useful in developing a viable investing in Zurn Elkay
Last ReportedProjected for Next Year
Common Stock Shares Outstanding177.3 M186.1 M
Net Income Applicable To Common Shares71 M100 M

Zurn Elkay Quarterly Net Working Capital

475.9 Million

Zurn Elkay Stock Technical Analysis

Zurn Elkay technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Zurn Elkay technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zurn Elkay trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Zurn Elkay Period Price Range

Low
December 26, 2024
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High

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Zurn Elkay Water cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Zurn Elkay December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Zurn Elkay stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zurn Elkay shares will generate the highest return on investment. By undertsting and applying Zurn Elkay stock market strength indicators, traders can identify Zurn Elkay Water entry and exit signals to maximize returns

Zurn Elkay Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Zurn Elkay's price direction in advance. Along with the technical and fundamental analysis of Zurn Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zurn to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Zurn Stock Analysis

When running Zurn Elkay's price analysis, check to measure Zurn Elkay's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zurn Elkay is operating at the current time. Most of Zurn Elkay's value examination focuses on studying past and present price action to predict the probability of Zurn Elkay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurn Elkay's price. Additionally, you may evaluate how the addition of Zurn Elkay to your portfolios can decrease your overall portfolio volatility.