Connecticut Water Service (CTWS) Sets New 12-Month High at $70.00
Connecticut Water Service Inc (NASDAQ:CTWS)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $70.00 and last traded at $69.90, with a volume of 502 shares trading hands. The stock had previously closed at $69.35.
Several equities analysts have issued reports on CTWS shares. BidaskClub upgraded shares of Connecticut Water Service from a “sell” rating to a “hold” rating in a research report on Saturday, September 29th. UBS Group cut shares of Connecticut Water Service from a “neutral” rating to a “sell” rating in a research report on Wednesday, August 29th. Finally, Evercore ISI started coverage on shares of Connecticut Water Service in a research report on Monday, September 17th. They issued an “inline” rating and a $67.00 price target for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $60.00.
The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.60 and a current ratio of 0.61. The stock has a market cap of $831.24 million, a PE ratio of 37.18 and a beta of -0.05.
About Connecticut Water Service (NASDAQ:CTWS)
Connecticut Water Service, Inc, together with its subsidiaries, operates as a regulated water company. The company operates through three segments: Water Operations, Real Estate Transactions, and Services and Rentals. The Water Operations segment supplies public drinking water. The Real Estate Transactions segment is involved in the sale or donation of its real estate holdings.
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