Press coverage about Global Water Resources (NASDAQ:GWRS) has been trending somewhat negative on Thursday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Global Water Resources earned a media sentiment score of -0.01 on Accern’s scale. Accern also gave headlines about the utilities provider an impact score of 45.0223623397261 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Global Water Resources traded up $0.03, reaching $9.55, on Thursday, MarketBeat.com reports. 29 shares of the company’s stock were exchanged, compared to its average volume of 15,520. Global Water Resources has a twelve month low of $8.40 and a twelve month high of $10.00. The firm has a market capitalization of $188.46 million, a PE ratio of 79.58, a P/E/G ratio of 3.76 and a beta of -0.06. The company has a debt-to-equity ratio of 8.24, a current ratio of 1.04 and a quick ratio of 1.04.
Get Global Water Resources alerts:Global Water Resources (NASDAQ:GWRS) last announced its quarterly earnings data on Friday, May 11th. The utilities provider reported $0.01 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.01. The firm had revenue of $7.43 million for the quarter, compared to analyst estimates of $7.10 million. Global Water Resources had a return on equity of 16.96% and a net margin of 14.70%. equities research analysts expect that Global Water Resources will post 0.17 earnings per share for the current fiscal year.
The business also recently disclosed a monthly dividend, which will be paid on Monday, July 30th. Investors of record on Monday, July 16th will be paid a dividend of $0.0236 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend is Friday, July 13th. Global Water Resources’s payout ratio is currently 233.33%.
Several equities research analysts have recently commented on GWRS shares. Zacks Investment Research upgraded Global Water Resources from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a research note on Wednesday, June 27th. TheStreet upgraded Global Water Resources from a “d” rating to a “c-” rating in a research note on Wednesday, May 9th.
In related news, Director Trevor T. Hill sold 8,500 shares of the stock in a transaction dated Friday, June 15th. The stock was sold at an average price of $9.09, for a total transaction of $77,265.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Trevor T. Hill sold 3,242 shares of the stock in a transaction dated Tuesday, May 29th. The stock was sold at an average price of $9.24, for a total value of $29,956.08. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,407 shares of company stock worth $120,729. Corporate insiders own 50.00% of the company’s stock.
Global Water Resources Company Profile
Global Water Resources, Inc, a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water utilities primarily in metropolitan Phoenix, Arizona. As of December 31, 2017, it served approximately 51,000 people in approximately 20,000 homes. The company was founded in 2003 and is based in Phoenix, Arizona.
No comments:
Post a Comment