Artesian Resources Corp. Hits New 52-Week Low at $21.25 (ARTNA)
Shares of Artesian Resources Corp. (NASDAQ:ARTNA) hit a new 52-week low during mid-day trading on Friday, AmericanBankingNews.com reports. The stock traded as low as $21.25 and last traded at $21.48, with a volume of 12,081 shares trading hands. The stock had previously closed at $21.65.
Artesian Resources Corp. has a one year low of $21.25 and a one year high of $24.27. The stock’s 50-day moving average is $22.57 and its 200-day moving average is $22.51. The company has a market cap of $190.1 million and a P/E ratio of 22.30.
The company also recently announced a quarterly dividend, which is scheduled for Friday, February 21st. Investors of record on Monday, February 10th will be paid a dividend of 0.2088 per share. This represents a $0.84 annualized dividend and a dividend yield of 3.86%. The ex-dividend date is Thursday, February 6th.
Artesian Resources Corporation (NASDAQ:ARTNA) operates as a parent holding company of Artesian Water Company, Inc (Artesian Water), Artesian Water Pennsylvania, Inc (Artesian Water Pennsylvania), Artesian Water Maryland, Inc (Artesian Water Maryland), Artesian Wastewater Management, Inc (Artesian Wastewater), Artesian Wastewater Maryland, Inc These Companies are regulated public utilities, while the Company’s three non-regulated subsidiaries include Artesian Utility Development, Inc (Artesian Utility), Artesian Development Corporation (Artesian Development) and Artesian Consulting Engineers, Inc The Company distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal and utility customers throughout the states of Delaware, Maryland and Pennsylvania.
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