Mueller Industries Inc. (MLI) is Trading Lower on Unusual Volume for January 04

Equities Staff |

Mueller Industries Inc. (MLI) experienced unusually high volume on Jan. 04, as the stock lost 2.8% to a closing price of $26.34. The stock saw 373,457 shares trade hands over the course of the day on 1,454 trades. Given that the stock’s average daily volume over the last month has been 184,905 shares a day, this represents a pretty substantial spike over the norm.

Mueller Industries Inc. has a P/B ratio of 1.85. It also has a P/E ratio of 16.8. The stock has traded between $37.18 and $26.86 over the last 52-weeks, its 50-day SMA is now $30.03, and its 200-day SMA $32.63.

Mueller Industries Inc is a manufacturer of plumbing, heating, ventilation, and air-conditioning (HVAC), refrigeration, and industrial products. The Company's business segments are Plumbing & Refrigeration and Original Equipment Manufacturers.

Headquartered in Memphis, TN, Mueller Industries Inc. has 3,850 employees and is currently under the leadership of CEO Gregory L. Christopher.

For a complete fundamental analysis analysis of Mueller Industries Inc., check out’s Stock Valuation Analysis report for MLI. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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