Global Water Resources (TSE:GWR) Shares Cross Below 200-Day Moving Average of $13.89

Global Water Resources Inc (TSE:GWR)’s stock price 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 traded.

The stock has a 50-day simple moving average of C$15.80 and a two-hundred day simple moving average of C$13.91. The company has a debt-to-equity ratio of 428.43, a quick ratio of 1.65 and a current ratio of 1.73. The firm has a market cap of $342.22 million and a PE ratio of 181.28.

Global Water Resources (TSE:GWR) last issued its earnings results on Wednesday, August 7th. The company reported C$0.05 earnings per share for the quarter, hitting the Zacks’ consensus estimate of C$0.05. The business had revenue of C$12.20 million during the quarter, compared to analysts’ expectations of C$12.23 million. As a group, sell-side analysts anticipate that Global Water Resources Inc will post 0.07 EPS for the current fiscal year.

The firm also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be given a $0.063 dividend. This is a positive change from Global Water Resources’s previous monthly dividend of $0.03. The ex-dividend date is Friday, September 13th. This represents a $0.76 dividend on an annualized basis and a yield of 4.58%. Global Water Resources’s payout ratio is 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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