Reliance Worldwide (OTCMKTS:RLLWF) Shares Down 13.9% – Here’s What Happened

Reliance Worldwide Co. Limited (OTCMKTS:RLLWF)’s share price traded down 13.9% during trading on Thursday . The company traded as low as $2.2395 and last traded at $2.2395. 100 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 25,550 shares. The stock had previously closed at $2.60.

Reliance Worldwide Price Performance

The business has a fifty day moving average of $2.48 and a 200-day moving average of $2.55.

Reliance Worldwide Company Profile

Reliance Worldwide Corporation (OTCMKTS:RLLWF) is a global manufacturer and distributor of water flow and control solutions for residential, commercial and industrial applications. The company’s core product portfolio includes push-to-connect fittings, valves, connectors and related plumbing components designed to simplify installation and improve system reliability. Through its leading brand names—such as SharkBite, John Guest, Cash Acme and SeaTech—Reliance Worldwide serves professional installers, wholesalers, retailers and original equipment manufacturers around the world.

Reliance Worldwide’s products span multiple categories, including plumbing repair and retrofit fittings, radiant heating and cooling controls, hot-water recirculation systems, backflow prevention devices and fire protection valves.