WAT rallied a further +8.92% to a new all time high since our last posting, closing at $307.91. The past 4 days of trading session is met with consecutive reduction of price volatility in WAT, coupled with decreasing session volume. WAT is currently 91.80% owned by institutions and insiders.
With WAT remaining well below its peak implied volatility of 2021, the existing price action is stipulating a pause in its existing rally, before a further resumption of shares accumulation by the institutional traders.
WAT a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe.