American Water Works Co. Inc (NYSE:AWK) shares, rose in value on Friday, May 09, with the stock price up by 1.06% to the previous day’s close as strong demand from buyers drove the stock to $146.94.
Actively observing the price movement in the last trading, the stock closed the session at $145.40. The PE ratio was 26.75 over 12-month period. Referring to stock’s 52-week performance, its high was $155.50, and the low was $118.74. On the whole, AWK has fluctuated by 5.71% over the past month.
With the market capitalization of American Water Works Co. Inc currently standing at about $28.66 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 3.06, with its dividend yield at 2.08%.
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 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 4.12, with the price of AWK currently trading nearly 0.01% and 1.70% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.69, while the 7-day volatility ratio is showing 1.79% which for the 30-day chart, stands at 2.16%. Furthermore, American Water Works Co. Inc (AWK)’s beta value is 0.72, and its average true range (ATR) is 3.32.
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 1.06% in last session, and over the past year, it grew by 11.47%%.
Data on historical trading for American Water Works Co. Inc (NYSE:AWK) indicates that the trading volumes over the past 3 months, they’ve averaged 1.65 million. According to company’s latest data on outstanding shares, there are 195.01 million shares outstanding.
Nearly 0.27% of American Water Works Co. Inc’s shares belong to company insiders and institutional investors own 91.10% of the company’s shares. The stock has risen by 18.03% 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.
