Best Water Stocks To Watch Today – November 9th

Coca-Cola, IDEXX Laboratories, Ecolab, Waters, Sable Offshore, American Water Works, and Xylem are the seven Water stocks to watch today, according to MarketBeat’s stock screener tool. “Water stocks” are shares of publicly traded companies whose businesses are tied to water, such as water utilities, treatment and testing firms, and infrastructure or equipment providers. Investors may consider them as a way to gain exposure to demand for water services, though their performance depends on company prospects, 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.

NYSE:KO traded up $0.10 during trading hours on Monday, hitting $95.77. The company had a trading volume of 8,905,754 shares, compared to its average volume of 17,015,354. The company has a current ratio of 1.38, a quick ratio of 1.19 and a debt-to-equity ratio of 0.93. The company has a 50-day moving average of $89.96 and a 200 day moving average of $82.69. The company has a market cap of $412.00 billion, a P/E ratio of 28.18, a P/E/G ratio of 3.73 and a beta of 0.28. Coca-Cola has a 1 year low of $67.27 and a 1 year high of $97.39.

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 IDXX traded up $31.75 during midday trading on Monday, reaching $707.79. The company had a trading volume of 353,150 shares, compared to its average volume of 582,071. IDEXX Laboratories has a 1-year low of $500.61 and a 1-year high of $769.98. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 0.16. The firm has a 50 day simple moving average of $546.75 and a 200-day simple moving average of $573.35. The stock has a market cap of $55.76 billion, a PE ratio of 47.69 and a beta of 1.55.

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 stock traded up $8.01 on Monday, hitting $308.69. 758,250 shares of the stock traded hands, compared to its average volume of 1,465,495. 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 twelve month low of $243.15 and a twelve month high of $318.93. The firm’s 50-day moving average price is $284.00 and its two-hundred day moving average price is $276.93. The stock has a market capitalization of $86.58 billion, a PE ratio of 41.98, a PEG ratio of 2.93 and a beta of 0.85.

Waters (WAT)

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.

Waters stock traded up $20.07 during midday trading on Monday, hitting $477.67. 483,856 shares of the stock were exchanged, compared to its average volume of 967,797. The company has a current ratio of 0.66, a quick ratio of 0.40 and a debt-to-equity ratio of 0.32. The stock’s 50-day simple moving average is $434.72 and its 200 day simple moving average is $372.24. Waters has a fifty-two week low of $282.77 and a fifty-two week high of $482.28. The stock has a market capitalization of $46.93 billion, a price-to-earnings ratio of 204.22, a PEG ratio of 2.60 and a beta of 1.16.

Sable Offshore (SOC)

Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport crude oil, natural gas, and produced water from the platforms to the onshore processing facilities.

NYSE:SOC traded down $1.11 on Monday, hitting $0.81. The stock had a trading volume of 220,049,808 shares, compared to its average volume of 8,729,378. The company has a quick ratio of 0.18, a current ratio of 0.24 and a debt-to-equity ratio of 1.85. The stock has a market cap of $156.37 million, a price-to-earnings ratio of -0.25 and a beta of -0.09. The company has a fifty day moving average price of $3.73 and a two-hundred day moving average price of $8.58. Sable Offshore has a 1-year low of $0.51 and a 1-year high of $19.25.

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.

Shares of NYSE AWK traded down $0.55 during midday trading on Monday, reaching $149.74. 1,097,548 shares of the stock were exchanged, compared to its average volume of 2,012,949. The company has a 50 day simple moving average of $136.74 and a 200 day simple moving average of $132.87. The stock has a market capitalization of $29.81 billion, a P/E ratio of 25.97, a PEG ratio of 3.06 and a beta of 0.56. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.36 and a current ratio of 0.39. American Water Works has a twelve month low of $120.57 and a twelve month high of $153.69.

Xylem (XYL)

Xylem Inc., together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.

Shares of XYL stock traded up $1.83 during trading on Monday, hitting $99.66. 1,478,334 shares of the stock traded hands, compared to its average volume of 2,191,940. Xylem has a 52-week low of $87.40 and a 52-week high of $152.15. The firm has a market capitalization of $22.86 billion, a P/E ratio of 22.02, a price-to-earnings-growth ratio of 1.63 and a beta of 1.01. The firm’s fifty day moving average price is $103.56 and its 200-day moving average price is $116.48. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.39 and a quick ratio of 1.02.