Aqua America (NYSE:WTR) has risen sharply, recording gains of 2.37% in the past 4 weeks. However, the stock has corrected -1.93% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.74% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The company shares have rallied 35.51% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $35.83 and the one year low was seen on Sep 11, 2015. The 50-Day Moving Average price is $33.65 and the 200 Day Moving Average price is recorded at $31.80.
The stock has recorded a 20-day Moving Average of 0.75% and the 50-Day Moving Average is 4.5%.
Aqua America (NYSE:WTR): stock turned positive on Friday. Though the stock opened at $34.32, the bulls momentum made the stock top out at $34.63 level for the day. The stock recorded a low of $33.93 and closed the trading day at $34.61, in the green by 0.61%. The total traded volume for the day was 769,487. The stock had closed at $34.4 in the previous days trading.
In an insider trading activity,The director of Aqua America Inc, Glanton Richard H sold 280 shares at $31.77 on May 25, 2016. The Insider selling transaction had a total value worth of $8,896. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Aqua America, Inc. is a holding company. The Company, through its subsidiaries, provides water or wastewater services in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, and Virginia. Its largest operating subsidiary is Aqua Pennsylvania, Inc., which provides water or wastewater services to approximately one-half of the total number of people the Company serves. Its other regulated utility subsidiaries provide similar services in seven other states. In addition, its non-regulated subsidiary, Aqua Resources Inc., provides liquid waste hauling and disposal; water and wastewater services; water and wastewater line repair service and protection solutions to households; designs and builds water and wastewater systems, and provides other non-regulated water and wastewater services, among others. The Companys non-regulated subsidiary, Aqua Infrastructure LLC, provides non-utility raw water supply services for firms in the natural gas drilling industry.