(MENAFN- Investor Brand Network) Watts Water Technologies Inc. Class A (NYSE:WTS) traded at a new 52-week high today of $200.75. So far today approximately 53,000 shares have been exchanged, as compared to an average 30-day volume of 120,000 shares.
Watts Water Technologies is a U.S.-based company that provides safety, energy efficiency, and water conservation products. The company's product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, and heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates most of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.
Based on a current price of $199.69, Watts Water Technologies Inc. Class A is currently 21.1% above its average consensus analyst price target of $157.58.
In the past 52 weeks, shares of Watts Water Technologies Inc. Class A have traded between a low of $110.43 and a high of $200.75 and is now at $199.69, which is 81% above that low price.
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