American Water Works (NYSE:AWK) has climbed 0.86% in the past week and advanced 6.48% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.07% and the outperformance has advanced to 5.51% for the last 4 weeks period.
American Water Works (NYSE:AWK): The stock opened at $78.54 on Friday but the bulls could not build on the opening and the stock topped out at $78.79 for the day. The stock traded down to $77.50 during the day, due to lack of any buying support eventually closed down at $78.17 with a loss of -0.65% for the day. The stock had closed at $78.68 on the previous day. The total traded volume was 2,037,463 shares.
The company shares have rallied 55.47% from its 1 Year high price. On Jun 17, 2016, the shares registered one year high at $78.79 and the one year low was seen on Jun 30, 2015. The 50-Day Moving Average price is $75.05 and the 200 Day Moving Average price is recorded at $67.34.
On the companys insider trading activities,The officer (VP and Treasurer) of American Water Works Company, Inc., Degillio Deborah A sold 1,866 shares at $74.3 on May 17, 2016. The Insider selling transaction had a total value worth of $138,644. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Boenning & Scattergood downgrades its rating on American Water Works (NYSE:AWK). Analysts at the Boenning & Scattergood have a current rating of Neutral on the shares. The shares were previously rated Outperform. The rating by the firm was issued on June 6, 2016. Currently the company Insiders own 0.32% of American Water Works shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.04% . Institutional Investors own 86.59% of American Water Works shares. During last six month period, the net percent change held by insiders has seen a change of -16.26%.
American Water Works Company, Inc. is a water and wastewater utility holding company. Through its subsidiaries, the Company provides drinking water, wastewater and other water related services to approximately 15 million people in approximately 47 states of the United States and one Canadian province. The Company has two operating segments: the Regulated Businesses and the Market-Based Operations. The Regulated Businesses segment owns subsidiaries that provide water and wastewater utility services to residential, commercial, industrial and other customers. The Market-Based Operations segment provides water and wastewater services to military bases, municipalities, industrial, commercial and residential customers that are not subject to economic regulation by state Public Utility Commissions (PUC). The Companys subsidiaries include Illinois-American Water Company (ILAWC), American Lake Water Company and West Virginia-American Water Company (WVAWC).