Large Outflow of Money Witnessed in American States Water Company

American States Water Company (NYSE:AWR) had an volatile session and gained 0.07 points till last call. The price was at $41.34, gaining 0.17% till the last intraday data. The total uptick value was $1.44 million while the total downtick value was $2.26 million. The shares saw a net money flow of $(-0.82) million and the up/down ratio stood at 0.64. The stock has seen a change of of 1.82% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-0.89) million. Almost $0 million were received in upticks and approximately $0.89 million were lost in downticks, thereby giving the up/down ratio of 0.


Currently the company Insiders own 1.43% of American States Water Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.55% . Institutional Investors own 62.66% of American States Water Company shares. During last six month period, the net percent change held by insiders has seen a change of -1.83%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Ross Lloyd E, director of American States Water Co, had unloaded 500 shares at an average price of $40.49 in a transaction dated on June 6, 2016. The total value of the transaction was worth $20,245.

American States Water Company (NYSE:AWR) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.45 points or 1.09% at $40.89 with 178,053 shares getting traded. Post opening the session at $41.4, the shares hit an intraday low of $40.62 and an intraday high of $41.57 and the price was in this range throughout the day. The company has a market cap of $1,495 million and the number of outstanding shares have been calculated to be 36,554,067 shares. The 52-week high of American States Water Company (NYSE:AWR) is $47.24 and the 52-week low is $35.8.

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Barclays maintains its rating on American States Water Company (NYSE:AWR). The rating major has initiated the coverage with underweight rating on the shares. The Analysts at Barclays lowers the price target from $42 per share to $40 per share. The rating by the firm was issued on May 20, 2016.

American States Water Company (AWR) is a holding company. The Company is the parent company of Golden State Water Company (GSWC) and American States Utility Services, Inc. (ASUS) and its subsidiaries (Fort Bliss Water Services Company (FBWS), Terrapin Utility Services, Inc. (TUS), Old Dominion Utility Services, Inc. (ODUS), Palmetto State Utility Services, Inc. (PSUS) and Old North Utility Services, Inc. (ONUS)). The Company operates in three segments: water, electric and contracted services. Within the segments, AWR has two business units, water and electric service utility operations, conducted through GSWC, and contracted services conducted through ASUS and its subsidiaries. FBWS, TUS, ODUS, PSUS and ONUS may be referred to collectively as the Military Utility Privatization Subsidiaries. GSWC is a California public utility company engaged in the purchase, production and distribution of water in 75 communities in 10 counties in the State of California.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.