Mueller Water Products (NYSE:MWA) Stock Crosses Above 200-Day Moving Average of $10.78

Mueller Water Products, Inc. (NYSE:MWA) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $10.78 and traded as high as $12.01. Mueller Water Products shares last traded at $12.00, with a volume of 33,615 shares trading hands. Several brokerages recently issued reports on MWA. ValuEngine cut Mueller Water Products from a “hold” rating to a “sell” rating in a research note on Monday, December 16th. Zacks Investment Research lowered Mueller Water Products from a “hold” rating to a “sell” rating in a research report on Friday, November 8th. Oppenheimer set a $13.00 target price on Mueller Water Products and gave the stock a “buy” rating in a report on Thursday, September 26th. Finally, TheStreet raised Mueller Water Products from a “c+” rating to a “b-” rating in a research report on Friday, September 13th. Three analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $11.50. The company has a debt-to-equity ratio of 0.75, a quick ratio of 2.10 and a current ratio of 3.18. ...

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