Pool Corporation (NASDAQ:POOL) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 24, 2016
Zacks Investment Research has downgraded Pool Corporation (NASDAQ:POOL) to Hold in a statement released on Wednesday September 21, 2016.
Having a price of $93.17, Pool Corporation (NASDAQ:POOL) traded -0.36% lower on the day. With the last close up 1.91% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Pool Corporation has recorded a 50-day average of $98.50 and a two hundred day average of $92.82. Volume of trade was down over the average, with 300,678 shares of POOL changing hands under the typical 351,544
With a total market value of $0, Pool Corporation has price-earnings ratio of 28.75 with a one year low of $71.10 and a one year high of $102.86 .
More About Pool Corporation (NASDAQ:POOL)
Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company is also a distributor of irrigation and landscape products in the United States. The Company operates over 340 sales centers in North America, Europe, South America and Australia through its over four distribution networks, such as SCP Distributors (SCP), Superior Pool Products (Superior), Horizon Distributors (Horizon) and National Pool Tile (NPT). The Company's product offerings include building materials used for pool construction, installations and remodeling, such as concrete and pool surfacing and decking materials. The Company's products also include maintenance products, repair and replacement parts for pool equipment, packaged pool kits, pool equipment and components for pool construction, and irrigation and landscape products, among others. The Company offers its customers over 160,000 national brand and Pool Corporation branded products.
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