Somewhat Favorable Press Coverage Likely to Impact Middlesex Water Company (NASDAQ:MSEX) Stock Price
Media stories about Middlesex Water Company (NASDAQ:MSEX) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by monitoring more than 20 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. Middlesex Water Company earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 70 out of 100, indicating that recent media coverage is likely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Zacks: Middlesex Water Company (MSEX) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- ETFs with exposure to Middlesex Water Co. : July 10, 2017 (finance.yahoo.com)
- Payday loans in corpus christi texas > pay day loans > apply now! (madisoncountycourier.com)
- Mystery of Maraliya: 37-foot boat found abandoned on Route 1 (nj.com)
- Middlesex Water Company Infrastructure Upgrades Poised to Detour Sampton Avenue Traffic (tapinto.net)
Middlesex Water Company (MSEX) traded down 0.96% during midday trading on Friday, hitting $38.01. 25,032 shares of the stock were exchanged. The firm’s 50 day moving average price is $37.09 and its 200 day moving average price is $37.84. Middlesex Water Company has a 12 month low of $32.23 and a 12 month high of $44.48. The company has a market cap of $619.72 million, a PE ratio of 27.74 and a beta of 0.40.
About Middlesex Water Company
Middlesex Water Company is a water utility company. The Company owns and operates regulated water utility and wastewater systems in New Jersey, Delaware and Pennsylvania. The Company also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware.
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