American Water Works Co. Inc. (NYSE:AWK) shares, rose in value, with the stock price up by 1.95% to the previous day’s close as strong demand from buyers drove the stock to $138.87.
Actively observing the price movement in the last trading, the stock closed the session at $136.22, falling within a range of $136.66 and $138.98. The value of beta (5-year monthly) was 0.691 whereas the PE ratio was 28.33 over 12-month period. Referring to stock’s 52-week performance, its high was $150.68, and the low was $113.34. On the whole, AWK has fluctuated by -5.61% over the past month.
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With the market capitalization of American Water Works Co. Inc. currently standing at about $27.06 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Oct-30. The company’s Forward Dividend Ratio is 2.94, with its dividend yield at 2.12%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.52B, with a low estimate of 1.17B and a high estimate of 1.28B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.24B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AWK’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.54, with the price of AWK currently trading nearly -3.56% and -3.26% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.53, while the 7-day volatility ratio is showing 2.27% which for the 30-day chart, stands at 1.68%. Furthermore, American Water Works Co. Inc. (AWK)’s beta value is 0.70, and its average true range (ATR) is 2.64.
A comparison of American Water Works Co. Inc. (AWK) with its peers suggests the former has fared considerably weaker in the market. AWK showed an intraday change of 1.95% in last session, and over the past year, it grew by 13.62%%.
Data on historical trading for American Water Works Co. Inc. (NYSE:AWK) indicates that the trading volumes over the past 10 days have averaged 1.1 and over the past 3 months, they’ve averaged 968.32K. According to company’s latest data on outstanding shares, there are 194.73 million shares outstanding.
Nearly 0.19% of American Water Works Co. Inc.’s shares belong to company insiders and institutional investors own 90.64% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.13 million shares as on 2024-09-30, resulting in a short ratio of 3.59. According to the data, the short interest in American Water Works Co. Inc. (AWK) stood at 242.00 of shares outstanding as of 2024-09-30; the number of short shares registered in 2024-08-30 reached 3.89 million. The stock has risen by 5.21% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AWK stock heading into the next quarter.
