Rockwell Automation Inc. (ROK) Dips 4.01% for March 22

Equities Staff  |

Among the S&P 500’s biggest fallers on Friday March 22 was Rockwell Automation Inc. (ROK). The stock experienced a 4.01% decline to $169.93 with 787,422 shares changing hands.

Rockwell Automation Inc. started at an opening price of 175.89 and hit a high of $176.21 and a low of $169.81. Ultimately, the stock took a hit and finished the day at $7.09 per share. Rockwell Automation Inc. trades an average of n/a shares a day out of a total 119.54 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Rockwell Automation Inc. hit a high of $198.23 and a low of $141.46 over the last year.

Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. Today, the firm operates through two segments--architecture and software and control products and solutions. The former segment houses its Logix architecture that runs with third-party applications and contains all its hardware, software, and communication components, including control platforms that perform multiple disciplines. The latter segment sells industrial control products and offers technical automation services.

With its headquarters located in Milwaukee, WI, Rockwell Automation Inc. employs 23,000 people. After today’s trading, the company’s market cap has fallen to $20.31 billion, a P/S of n/a, a P/B of 15.94, and a P/FCF of n/a.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Rockwell Automation Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: ROK’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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



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