York Water (NASDAQ:YORW – Get Free Report) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.
York Water Stock Down 2.2 %
YORW stock opened at $38.06 on Wednesday. York Water has a 52 week low of $33.32 and a 52 week high of $41.96. The business has a 50-day simple moving average of $38.45 and a 200 day simple moving average of $36.88. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 0.85. The company has a market cap of $546.54 million, a PE ratio of 22.45 and a beta of 0.63.
York Water (NASDAQ:YORW – Get Free Report) last released its earnings results on Friday, August 2nd. The utilities provider reported $0.35 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.10). York Water had a net margin of 31.27% and a return on equity of 10.32%. The firm had revenue of $18.75 million during the quarter, compared to the consensus estimate of $19.00 million. Sell-side analysts anticipate that York Water will post 1.43 EPS for the current fiscal year.
Institutional Trading of York Water
About York Water
The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; ten wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns satellite groundwater systems in York, Adams, and Lancaster Counties, as well as two impounding dams on primary system located in York and Springfield Townships.
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