Large Inflow of Money Witnessed in California Water Service Group Holding

California Water Service Group Holding (NYSE:CWT) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.23. The total value of inflow transactions on upticks was $3.85 million, whereas, the total value of outflow trades on downticks was $3.14 million. The total money flow was $0.71 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.08 million. The total value of the trades done on upticks was $1.08 million. California Water Service Group Holding (NYSE:CWT) was trading with a -1.58% change over previous days close. It fell $0.54 during the day and reached $33.54. The stock was 0.27% compared to the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Treloar Timothy D, (VP, Ops and Water Quality) of California Water Service Group, had unloaded 518 shares at an average price of $32.06 in a transaction dated on June 13, 2016. The total value of the transaction was worth $16,607. Currently the company Insiders own 1% of California Water Service Group Holding shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.42% . Institutional Investors own 72.21% of California Water Service Group Holding shares. During last six month period, the net percent change held by insiders has seen a change of 1.1%.

The company shares have rallied 47.47% from its 1 Year high price. On Jun 28, 2016, the shares registered one year high at $34.15 and the one year low was seen on Sep 4, 2015. The 50-Day Moving Average price is $30.29 and the 200 Day Moving Average price is recorded at $26.70. California Water Service Group Holding (NYSE:CWT): The stock opened at $34.41 on Wednesday but the bulls could not build on the opening and the stock topped out at $34.59 for the day. The stock traded down to $33.44 during the day, due to lack of any buying support eventually closed down at $33.54 with a loss of -1.58% for the day. The stock had closed at $34.08 on the previous day. The total traded volume was 499,839 shares.

California Water Service Group is a holding company. The Company through its wholly owned subsidiaries provides water utility and other related services in California, Washington, New Mexico and Hawaii. It operates through six operating subsidiaries: California Water Service Company (Cal Water), New Mexico Water Service Company (New Mexico Water), Washington Water Service Company (Washington Water), Hawaii Water Service Company, Inc. (Hawaii Water), and CWS Utility Services and HWS Utility Services LLC (collectively, Utility Services). Utility Services provides non-regulated services to private companies and municipalities. Its business consists of the production, purchase, storage, treatment, testing, distribution and sale of water for domestic, industrial, public and irrigation uses, and for fire protection. Its non-regulated services include full water system operation, billing and meter reading services.

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