Reliance Worldwide (OTCMKTS:RLLWF) Shares Down 8.9% – Here’s Why

Reliance Worldwide Co. Limited (OTCMKTS:RLLWFGet Free Report) shares dropped 8.9% during trading on Wednesday . The company traded as low as $2.21 and last traded at $2.65. Approximately 4,280 shares changed hands during trading, an increase of 316% from the average daily volume of 1,028 shares. The stock had previously closed at $2.91.

Reliance Worldwide Trading Down 8.9 %

The business’s 50 day moving average is $3.07 and its two-hundred day moving average is $3.31.

Reliance Worldwide Company Profile

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Reliance Worldwide Corporation Limited, together with its subsidiaries, engages in the design, manufacture, and supply of water flow, control, and monitoring products and solutions for plumbing and heating industries. It offers plumbing solutions comprising brass and plastic push-to-connect plumbing fittings, other fittings, pipes, valves, and integrated installation solutions; appliance installations solutions, such as fluid tech and appliance installation and repair services; and other products.

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