The York Water Company CEO Buys $6,465 in Stock (YORW)
The York Water Company (NASDAQ:YORW) CEO Jeffrey R. Hines bought 314 shares of the company’s stock in a transaction dated Tuesday, July 15th. The stock was purchased at an average cost of $20.59 per share, with a total value of $6,465.26. Following the acquisition, the chief executive officer now directly owns 43,506 shares in the company, valued at approximately $895,789. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
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’s 50-day moving average is $20.44 and its 200-day moving average is $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 earnings per share for the quarter, missing the analysts’ 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.