York Water Co (YORW) Files Form 4 Insider Buying : Jeffrey R Hines Buys 30 Shares

York Water Co (YORW): Jeffrey R Hines , President & CEO of York Water Co purchased 30 shares on May 16, 2016. The Insider buying transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were purchased at $29.28 per share for a total value of $878.40 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 12, 2016, Steven R Rasmussen (director) purchased 21 shares at $29.19 per share price.On Apr 18, 2016, John H Strine (Vice President – Operations) purchased 69 shares at $28.50 per share price.Also, On Apr 18, 2016, Mark S Snyder (Vice President – Engineering) purchased 33 shares at $28.50 per share price.On Apr 18, 2016, Kathleen M Miller (Chief Financial Officer) purchased 152 shares at $28.50 per share price.

York Water Co: On Thursday, May 19, 2016 heightened volatility was witnessed in York Water Co which led to swings in the share price. The shares opened for trading at $26.79 and hit $27.42 on the upside , eventually ending the session at $27.32, with a gain of 1.90% or 0.51 points. The heightened volatility saw the trading volume jump to 35,288 shares. The 52-week high of the share price is $33.4 and the company has a market cap of $351,007 M . The 52-week low of the share price is at $19.69.

York Water Co Money Flow Index Chart

The York Water Company is an investor-owned water utility in the United States. The Company impounds purifies and distributes water. The Company owns and operates two wastewater collection and treatment systems. The Company operates within its franchised territory which covers 39 municipalities within York County Pennsylvania and eight municipalities within Adams County Pennsylvania. The Company’s wastewater operations include portions of three municipalities in York County Pennsylvania. It obtains its water supply from both the South Branch and East Branch of the Codorus Creek which together have an average flow of 73 million gallons per day. The Company has two reservoirs Lake Williams and Lake Redman which together hold up to approximately 2.2 billion gallons of water. The Company’s water filtration plant is located in Spring Garden Township about one-half mile south of the City of York.

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