American Water Works (NYSE:AWK) has risen sharply, recording gains of 7.56% in the past 4 weeks. However, the stock has corrected -0.88% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.85% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The company shares have rallied 63.48% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $85.24 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $78.21 and the 200 Day Moving Average price is recorded at $69.83.
The stock has recorded a 20-day Moving Average of 3.92% and the 50-Day Moving Average is 8.88%.
American Water Works (NYSE:AWK): stock turned positive on Friday. Though the stock opened at $82.19, the bulls momentum made the stock top out at $83.39 level for the day. The stock recorded a low of $81.5 and closed the trading day at $83.36, in the green by 0.94%. The total traded volume for the day was 1,724,486. The stock had closed at $82.58 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Degillio Deborah A, officer (VP and Treasurer) of American Water Works Company, Inc., had unloaded 1,866 shares at an average price of $74.3 in a transaction dated on May 17, 2016. The total value of the transaction was worth $138,644.
American Water Works Company, Inc. is a water and wastewater utility holding company. Through its subsidiaries, the Company provides drinking water, wastewater and other water related services to approximately 15 million people in approximately 47 states of the United States and one Canadian province. The Company has two operating segments: the Regulated Businesses and the Market-Based Operations. The Regulated Businesses segment owns subsidiaries that provide water and wastewater utility services to residential, commercial, industrial and other customers. The Market-Based Operations segment provides water and wastewater services to military bases, municipalities, industrial, commercial and residential customers that are not subject to economic regulation by state Public Utility Commissions (PUC). The Companys subsidiaries include Illinois-American Water Company (ILAWC), American Lake Water Company and West Virginia-American Water Company (WVAWC).