Global Water Resources (TSE:GWR) Shares Pass Below Two Hundred Day Moving Average of $13.89

Global Water Resources Inc (TSE:GWR) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.89 and traded as low as $15.70. Global Water Resources shares last traded at $15.89, with a volume of 400 shares trading hands.

The stock has a market cap of $342.22 million and a PE ratio of 182.53. The company has a current ratio of 1.73, a quick ratio of 1.65 and a debt-to-equity ratio of 428.43. The company’s 50 day moving average is C$15.80 and its 200-day moving average is C$13.89.

Global Water Resources (TSE:GWR) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C$0.05 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.05. The firm had revenue of C$12.20 million during the quarter, compared to analysts’ expectations of C$12.23 million. As a group, analysts forecast that Global Water Resources Inc will post 0.07 EPS for the current year.

The firm also recently announced a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a dividend of $0.063 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.55%. This is a positive change from Global Water Resources’s previous monthly dividend of $0.03. The ex-dividend date is Friday, September 13th. Global Water Resources’s payout ratio is presently 313.61%.

Global Water Resources Company Profile (TSE:GWR)

Global Water Resources, Inc, a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water utilities primarily in metropolitan Phoenix, Arizona. As of December 31, 2018, it served approximately 55,000 people in 21,000 homes. The company was founded in 2003 and is based in Phoenix, Arizona.

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