Unfortunately, this is not a happy result. The company was priced like a growth stock, but earnings have declined for the half year. And PAT downgrade on expectations looks to be some 10%.
I like the company's products but a reset (i.e. lower) on the multiples it trades was in order given these results.
I also used to be a holder but sold not long ago. I will watch, but wouldn't be diving in.
News: RWC Reliance Worldwide Corporation Posts HY Net Sales Of $569.3 Mln, page-8
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Last
$4.26 |
Change
-0.030(0.70%) |
Mkt cap ! $3.295B | |||
| Open | High | Low | Value | Volume |
| $4.31 | $4.31 | $4.24 | $5.730M | 1.342M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18538 | $4.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.30 | 21487 | 3 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| RWC (ASX) Chart |