Waters Corporation (WAT) Dips 6.92% for October 08

Equities Staff  |

Among the S&P 500’s biggest fallers on Tuesday October 08 was Waters Corporation (WAT). The stock experienced a 6.92% decline to $208.01 with 1.01 million shares changing hands.

Waters Corporation started at an opening price of 214.58 and hit a high of $220.15 and a low of $207.20. Ultimately, the stock took a hit and finished the day at $15.47 per share. Waters Corporation trades an average of n/a shares a day out of a total 66.76 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Waters Corporation hit a high of $255.21 and a low of $167.94 over the last year.

Water offers liquid chromatography, mass spectrometry, and thermal analysis tools primarily to biopharmaceutical and other industrial customers. These analytical instruments provide essential information on various products, such as their molecular structures and physical properties, to help clients enhance the health and well-being of end users. For Waters, instruments/informatics, services, and consumables account for approximately 50%, 34%, and 17% of sales, respectively.

With its headquarters located in Milford, MA, Waters Corporation employs 7,200 people. After today’s trading, the company’s market cap has fallen to $13.89 billion, a P/S of n/a, a P/B of 24.97, 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The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns.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 Waters Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: WAT’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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