Aqua America (WTR) has been under a strong bear grip, hence the stock is down -2.44% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.07% in the past 1 week. The stock has risen by 0.6% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.42% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.42% and the 50-Day Moving Average is 7.28%.The 200 Day SMA reached 4.51% Aqua America Inc. has dropped 10.58% during the last 3-month period . Year-to-Date the stock performance stands at 2.63%.
Aqua America (WTR) : 5 investment research analysts covering Aqua America (WTR) have an average price target of $33.2 for the near short term. The highest target price given by the Brokerage Firm to the stock is $39 and the lowest target is $30 for the short term. Analysts expect the variance to be within $3.7 of the average price.
Company shares have received an average consensus rating of Hold for the current week Aqua America (NYSE:WTR): The stock opened at $29.79 and touched an intraday high of $30.08 on Friday. During the day, the stock corrected to an intraday low of $29.66, however, the bulls stepped in and pushed the price higher to close in the green at $30.07 with a gain of 0.57% for the day. The total traded volume for the day was 1,275,181. The stock had closed at $30.07 in the previous trading session.
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.