Essential Utilities Inc (NYSE:WTRG) currently has a daily average trading volume of 1.75M but it saw 1341643 shares traded in last market. With a market cap of 10.18B USD, the company’s current market price of $37.21 came rising about 1.72 while comparing to the previous closing price of $36.58. In past 52 weeks, the stock remained buoying in the range of price level as high as $43.74 and as low as $32.07.
Taking a look at 20-day trading activity of Essential Utilities Inc (WTRG) gives us an average price of $35.74, while its current price level is -14.93% below from 52-week high level whereas it is 16.03% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $35.76 while that of 200 days or SMA-200 reads an average of $36.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.95% during that period while stretching the period over a month that increases to 2.01%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 61.26 which implies that the stock is in neutral territory.
Northcoast upgraded its recommendation for the stock as a “Buy” from “Neutral” on September 28, 2023 while assigning a price target of $42.
Over the week, WTRG’s stock price is moving 1.83% up while it is 2.42% when we observe its performance for the past one month. Year-to-date it is -0.37% down and over the past year, the stock is showing a downside performance of -12.88%.
Currently, Essential Utilities Inc’s total number of outstanding shares is 273.30M. Company’s return on investment (ROI) stands at 3.91% and return on equity (ROE) at 8.84%. It has a price to earnings ratio (P/E ratio) of 19.98 while having a 17.59 of forward P/E ratio. Stock’s beta reads 0.80. Stock has a price to book (P/B) ratio of 1.72 while price to sale or P/S ratio amounts to 4.96. Its return on asset (ROA) is 2.99% on average.
