Whirlpool Corporation (WHR) Moves Higher on Volume Spike for June 14

Equities Staff |

Whirlpool Corporation (WHR) traded on unusually high volume on Jun. 14, as the stock gained 1.36% to close at $196.54. On the day, Whirlpool Corporation saw 1.33 million shares trade hands on 12,417 trades. Considering that the stock averages only a daily volume of 707,695 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $194.97 and $145.91 over the last 52-weeks, its 50-day SMA is now $179.74, and its 200-day SMA $171.71. Whirlpool Corporation has a P/B ratio of 3.02. It also has a P/E ratio of 16.7.

Whirlpool Corp is a manufacturer and marketer of home appliances. It produces and sells washers, dryers, refrigerators, air conditioners, dishwashers, freezers, microwave ovens, ranges, air purifiers, and other typical household appliances.

Headquartered in Benton Harbor, MI, Whirlpool Corporation has 93,000 employees and is currently under the leadership of CEO Jeff M. Fettig.

For a complete fundamental analysis analysis of Whirlpool Corporation, check out Equities.com’s Stock Valuation Analysis report for WHR.

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To get more information on Whirlpool Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: WHR’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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