American Water Works Co. Inc. (NYSE: AWK) on Friday, soared 1.00% from the previous trading day, before settling in for the closing price of $117.35. Within the past 52 weeks, AWK’s price has moved between $113.34 and $152.99.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Utilities sector has jumped its sales by 4.35% annually for the last half of the decade. The company achieved an average annual earnings per share of 7.01%. With a float of $194.43 million, this company’s outstanding shares have now reached $194.73 million.
In an organization with 6500 employees, it is important to assess its efficiency.
American Water Works Co. Inc. (AWK) Insider and Institutional Ownership
Observing investor behavior towards Utilities – Regulated Water industry stocks is more important than anything else. The insider ownership of American Water Works Co. Inc. is 0.20%, while institutional ownership is 90.35%. The most recent insider transaction that took place on Mar 04 ’24, was worth 100,814. In this transaction EVP, CHRO of this company sold 843 shares at a rate of $119.59, taking the stock ownership to the 16,240 shares. Before that another transaction happened on Nov 06 ’23, when Company’s Director bought 3,786 for $130.20, making the entire transaction worth $492,937. This insider now owns 7,459 shares in total.
American Water Works Co. Inc. (AWK) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 45.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.50% during the next five years compared to 9.20% growth over the previous five years of trading.
American Water Works Co. Inc. (NYSE: AWK) Trading Performance Indicators
American Water Works Co. Inc. (AWK) is currently performing well based on its current performance indicators. A quick ratio of 0.59 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.88, a number that is poised to hit 0.99 in the next quarter and is forecasted to reach 5.68 in one year’s time.
Technical Analysis of American Water Works Co. Inc. (AWK)
Let’s dig in a bit further. During the last 5-days, its volume was 1.87 million. That was better than the volume of 1.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 42.28%. Additionally, its Average True Range was 2.39.
During the past 100 days, American Water Works Co. Inc.’s (AWK) raw stochastic average was set at 21.50%, which indicates a significant decrease from 58.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.34% in the past 14 days, which was higher than the 20.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $119.27, while its 200-day Moving Average is $128.83. However, in the short run, American Water Works Co. Inc.’s stock first resistance to watch stands at $119.39. Second resistance stands at $120.26. The third major resistance level sits at $121.13. If the price goes on to break the first support level at $117.65, it is likely to go to the next support level at $116.78. The third support level lies at $115.91 if the price breaches the second support level.
American Water Works Co. Inc. (NYSE: AWK) Key Stats
Market capitalization of the company is 23.09 billion based on 194,822K outstanding shares. Right now, sales total 4,234 M and income totals 944,000 K. The company made 1,032 M in profit during its latest quarter, and 171,000 K in sales during its previous quarter.
