Middlesex Water Co (NASDAQ: MSEX) kicked off on Tuesday, down -0.30% from the previous trading day, before settling in for the closing price of $53.66. Over the past 52 weeks, MSEX has traded in a range of $45.42-$70.73.
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During the last 5-year period, the sales growth of Utilities Sector giant was 3.92%. While this was happening, its average annual earnings per share was recorded 33.24%. With a float of $17.38 million, this company’s outstanding shares have now reached $17.86 million.
Let’s determine the extent of company efficiency that accounts for 355 employees. In terms of profitability, gross margin is 42.7%, operating margin of 27.77%, and the pretax margin is 25.97%.
Middlesex Water Co (MSEX) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Water Industry. The insider ownership of Middlesex Water Co is 2.67%, while institutional ownership is 76.38%. The most recent insider transaction that took place on Nov 08 ’24, was worth 9,911. In this transaction Principal Accounting Officer of this company sold 143 shares at a rate of $69.31, taking the stock ownership to the 0 shares. Before that another transaction happened on Aug 27 ’24, when Company’s Director sold 500 for $61.95, making the entire transaction worth $30,977. This insider now owns 6,651 shares in total.
Middlesex Water Co (MSEX) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.5 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 33.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.96% during the next five years compared to -2.08% drop over the previous five years of trading.
Middlesex Water Co (NASDAQ: MSEX) Trading Performance Indicators
Take a look at Middlesex Water Co’s (MSEX) current performance indicators. Last quarter, stock had a quick ratio of 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.30, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 2.41 in one year’s time.
Technical Analysis of Middlesex Water Co (MSEX)
Looking closely at Middlesex Water Co (NASDAQ: MSEX), its last 5-days average volume was 0.21 million, which is a jump from its year-to-date volume of 0.13 million. As of the previous 9 days, the stock’s Stochastic %D was 11.39%. Additionally, its Average True Range was 1.94.
During the past 100 days, Middlesex Water Co’s (MSEX) raw stochastic average was set at 6.97%, which indicates a significant decrease from 13.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.08% in the past 14 days, which was lower than the 30.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $63.45, while its 200-day Moving Average is $58.57. However, in the short run, Middlesex Water Co’s stock first resistance to watch stands at $54.40. Second resistance stands at $55.29. The third major resistance level sits at $56.39. If the price goes on to break the first support level at $52.41, it is likely to go to the next support level at $51.31. Should the price break the second support level, the third support level stands at $50.42.
Middlesex Water Co (NASDAQ: MSEX) Key Stats
The company with the Market Capitalisation of 952.40 million has total of 17,855K Shares Outstanding. Its annual sales at the moment are 166,270 K in contrast with the sum of 31,520 K annual income. Company’s last quarter sales were recorded 55,100 K and last quarter income was 14,320 K.
