The York Water Company (YORW) saw a big move last session, as the company’s shares fell by over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $21.48 to $22.64 in the past one-month time frame.
The water supply company has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
YORW currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Another better-ranked stock in the same sector is Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) with a Zacks Rank #1 (Strong Buy).
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YORK WATER CO (YORW): Free Stock Analysis Report
SABESP -ADR (SBS): Free Stock Analysis Report
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