Reece (ASX:REH) Stock Price Down 0.5%

Reece Ltd (ASX:REH)’s share price dropped 0.5% on Tuesday . The stock traded as low as A$10.00 ($7.09) and last traded at A$10.11 ($7.17), approximately 75,990 shares changed hands during mid-day trading. The stock had previously closed at A$10.16 ($7.21).

The company has a market cap of $5.66 billion and a PE ratio of 24.91. The company has a current ratio of 2.31, a quick ratio of 1.12 and a debt-to-equity ratio of 86.28. The business’s 50 day moving average is A$10.15.

About Reece (ASX:REH)

Reece Limited engages in importing, wholesaling, distributing, marketing, and retailing plumbing, bathroom, heating, ventilation, air-conditioning, and refrigeration products in Australia and New Zealand. It also provides specialized services; and supplies plumbing and bathroom products to volume home builders and commercial developers, as well as specialized products and services for irrigation contractors, landscape designers, pool builders, and home owners.

Featured Article: What are gap-down stocks?

Receive News & Ratings for Reece Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reece and related companies with MarketBeat.com's FREE daily email newsletter.