Consolidated Water Co. Inc. Hits New 52-Week High at $15.24 (CWCO)
Shares of Consolidated Water Co. (NASDAQ:CWCO) hit a new 52-week high during trading hours on Wednesday, Analyst Ratings.Net reports. The company traded as high as $15.24 and last traded at $15.18, with a volume of 63,784 shares trading hands. The stock had previously closed at $14.69.
Several analysts have recently commented on the stock. Analysts at Janney Montgomery Scott raised their price target on shares of Consolidated Water Co. from $9.00 to $12.00 in a research note to investors on Monday, August 19th. They now have a “buy” rating on the stock. Separately, analysts at Roth Capital raised their price target on shares of Consolidated Water Co. from $13.00 to $15.00 in a research note to investors on Tuesday, August 13th. They now have a “buy” rating on the stock. Finally, analysts at Brean Capital raised their price target on shares of Consolidated Water Co. from $14.00 to $16.00 in a research note to investors on Tuesday, August 13th. They now have a “buy” rating on the stock. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $14.08.
Consolidated Water Co. has a 52-week low of $6.70 and a 52-week high of $15.12. The stock’s 50-day moving average is $13.92 and its 200-day moving average is $11.57. The company has a market cap of $222.6 million and a P/E ratio of 18.48.
Consolidated Water Co. (NASDAQ:CWCO) last released its earnings data on Friday, August 9th. The company reported $0.19 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.09. The company had revenue of $16.60 million for the quarter, compared to the consensus estimate of $16.35 million. On average, analysts predict that Consolidated Water Co. will post $0.62 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, October 31st. Stockholders of record on Tuesday, October 1st will be paid a dividend of $0.08 per share. This represents a $0.30 annualized dividend and a dividend yield of 1.97%. The ex-dividend date is Friday, September 27th.
Consolidated Water Co Ltd. develops and operates seawater desalination plants and water distribution systems.
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