Insider Buying: The York Water Company COO Acquires 132 Shares of Stock (YORW)
The York Water Company (NASDAQ:YORW) COO Joseph Thomas Hand acquired 132 shares of the company’s stock in a transaction dated Wednesday, July 16th. The shares were purchased at an average cost of $19.76 per share, with a total value of $2,608.32. Following the completion of the transaction, the chief operating officer now directly owns 8,523 shares in the company, valued at approximately $168,414. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of The York Water Company (NASDAQ:YORW) traded down 0.15% during mid-day trading on Wednesday, hitting $19.69. 25,940 shares of the company’s stock traded hands. The York Water Company has a 1-year low of $19.00 and a 1-year high of $22.00. The stock has a 50-day moving average of $20.44 and a 200-day moving average of $20.31. The company has a market cap of $254.9 million and a P/E ratio of 26.51.
The York Water Company (NASDAQ:YORW) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.16 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.18 by $0.02. The company had revenue of $10.57 million for the quarter, compared to the consensus estimate of $10.70 million. On average, analysts predict that The York Water Company will post $0.87 earnings per share for the current fiscal year.
Separately, analysts at Zacks upgraded shares of The York Water Company from an “underperform” rating to a “neutral” rating in a research note on Wednesday, May 14th. They now have a $20.20 price target on the stock.
The York Water Company is engaged in the business of impounding, purifying to meet or exceed safe drinking water standards and distribute water.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.