StockNews.com cut shares of York Water (NASDAQ:YORW – Free Report) from a hold rating to a sell rating in a research report sent to investors on Monday morning.
York Water Stock Up 0.9 %
Shares of NASDAQ:YORW opened at $38.67 on Monday. The business has a 50 day simple moving average of $38.25 and a two-hundred day simple moving average of $36.80. The firm has a market capitalization of $554.72 million, a PE ratio of 22.75 and a beta of 0.63. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.78 and a quick ratio of 0.61. York Water has a 1 year low of $33.32 and a 1 year high of $42.32.
York Water (NASDAQ:YORW – Get Free Report) last released its quarterly earnings data on Friday, August 2nd. The utilities provider reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.10). The firm had revenue of $18.75 million during the quarter, compared to the consensus estimate of $19.00 million. York Water had a net margin of 31.27% and a return on equity of 10.32%. On average, equities analysts predict that York Water will post 1.43 EPS for the current year.
Institutional Trading of York Water
York Water Company Profile
The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; ten wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns satellite groundwater systems in York, Adams, and Lancaster Counties, as well as two impounding dams on primary system located in York and Springfield Townships.
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