York Water Co (YORW) Files Form 4 Insider Buying : Steven R Rasmussen Buys 20 Shares

York Water Co (YORW): Steven R Rasmussen , director of York Water Co purchased 20 shares on Jun 15, 2016. The Insider buying transaction was reported by the company on Jun 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $29.54 per share for a total value of $600.00 , 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 19, 2016, Jody L Keller (director) purchased 517 shares at $29.00 per share price.On May 18, 2016, Jeffrey R Hines (President & CEO) purchased 30 shares at $29.28 per share price.Also, 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.

Shares of York Water Co (YORW) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -0.58 points or -1.91% at $29.85 with 26,818 shares getting traded. Post opening the session at $30.28, the shares hit an intraday low of $29.8 and an intraday high of $30.525 and the price vacillated in this range throughout the day. The company has a market cap of $384 M and the number of outstanding shares has been calculated to be 1,28,48,485 shares. The 52-week high of York Water Co is $33.4 and the 52-week low is $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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