On 16 MAY Companhia de Saneamento Basico (ADR) (NYSE:SBS) has been upgraded by Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity, attractive valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.”Companhia de Saneamento Basico (ADR) (NYSE:SBS) net profit margin is 16.90% and weekly performance is 4.91%. On last trading day company shares ended up $10.05. Analysts mean target price for the company is $12.15. Companhia de Saneamento Basico (ADR) (NYSE:SBS) distance from 50-day simple moving average (SMA50) is 10.13%.
On 15 MAY American Water Works Company Inc (NYSE:AWK), which is among the largest publicly traded companies in the U.S., said on Wednesday that it is aiming to augment its revenues through expansion of wastewater operations and seeking additional military contracts.
American Water Works Company Inc (NYSE:AWK) shares fell -0.25% in last trading session and ended the day on $47.26. AWK Gross Margin is 44.00% and its return on assets is 2.80%. American Water Works Company Inc (NYSE:AWK) quarterly performance is 9.12%.
On 16 MAY Aqua America Inc (NYSE:WTR) announced that its Illinois subsidiary has purchased the assets of the McHenry Shores Water Company in the City of McHenry, Illinois, for $427,000. The McHenry Shores system serves approximately 1,600 people and will be operated out of Aqua Illinois’ Northern Division office, which operates out of Wauconda. Aqua serves 175,000 people in 13 counties throughout Illinois. It is the seventh acquisition this year by an Aqua America subsidiary. Aqua America Inc (NYSE:WTR) shares moved up 1.31% in last trading session and was closed at $24.82, while trading in range of $24.48 – $24.84. Aqua America Inc (NYSE:WTR) year to date (YTD) performance is 6.52%.
On 14 MAY California Water Service Group (NYSE:CWT) Insider Lynne P. Mcghee sold 3,580 shares of the company’s stock on the open market in a transaction dated Monday. The stock was sold at an average price of $21.65, for a total value of $77,507.00.California Water Service Group (NYSE:CWT) ended the last trading day at $20.92. Company weekly volatility is calculated as 3.23% and price to cash ratio as 46.09. California Water Service Group (NYSE:CWT) showed a negative weekly performance of -2.70%.
On 7 MAY Artesian Resources Corporation (NASDAQ:ARTNA) a leading provider of water, wastewater services and related services on the Delmarva Peninsula, announced that net income for the first quarter of 2014 was $2.1 million, a $0.5 million increase compared to $1.6 million in net income recorded during the first quarter of 2013. Diluted net income per share increased to $0.23 compared to $0.19 for the first quarter of 2013.Artesian Resources Corporation (NASDAQ:ARTNA) net profit margin is 11.90% and weekly performance is 0.33%. On last trading day company shares ended up $21.51. Analysts mean target price for the company is $24.83. Artesian Resources Corporation (NASDAQ:ARTNA) distance from 50-day simple moving average (SMA50) is -2.08%.
Leave a Reply