Reliance Worldwide (OTCMKTS:RLLWF) Trading Down 2% – Here’s Why

Reliance Worldwide Co. Limited (OTCMKTS:RLLWFGet Free Report) was down 2% during trading on Wednesday . The company traded as low as $2.50 and last traded at $2.50. Approximately 102 shares changed hands during trading, a decline of 98% from the average session volume of 4,669 shares. The stock had previously closed at $2.55.

Reliance Worldwide Stock Performance

The company’s fifty day moving average price is $2.46 and its two-hundred day moving average price is $2.29.

Reliance Worldwide Company Profile

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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.

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