Whirlpool Stock Hits New 52-Week Low
By TheStreet Wire 9/21/11
NEW YORK (TheStreet) -- Whirlpool Corporation (NYSE:WHR) hit a new 52-week low Wednesday as it is currently trading at $50.71, below its previous 52-week low of $50.92 with 1.4 million shares traded as of 3:36 p.m. ET. Average volume has been two million shares over the past 30 days.
Whirlpool has a market cap of $4 billion and is part of the services sector and retail industry. Shares are down 40.3% year to date as of the close of trading on Tuesday.
Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide. Its principal products include laundry appliances, refrigerators, cooking appliances, dishwashers, mixers, and other small household appliances. The company has a P/E ratio of 16.1, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
* Practice your WHR trading strategies and win cash in our stock game.
TheStreet Ratings rates Whirlpool as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow.
Sign the PETITION
Write to Pinkney: Rev. Edward Pinkney #294671, Brooks/Fremont C.F., 2500 S. Sheridan Drive, Muskegon Heights, MI 49444
Rev. Pinkney Arrested AGAIN, supporters: Justice4Pinkney, Lynn Stewart, Voice Of Detroit, EXPOSED, Lee Camp, FreePinkney, Workers World, Green Party Watch, Black Agenda Report, Moratorium-Now, Opperman Report, People's Tribune