KD Logo

American States Water Co. [AWR] Investment Guide: What You Need to Know

American States Water Co.’s filing revealed that its Director DAVIS STEVEN D acquired Company’s shares for reported $53542.0 on Mar 05 ’24. In the deal valued at $71.39 per share,750 shares were bought. As a result of this transaction, DAVIS STEVEN D now holds 3,226 shares worth roughly $0.23 million.

Then, Eichelberger Thomas A. bought 1,400 shares, generating $99,694 in total proceeds. Upon buying the shares at $71.21, the Director now owns 5,850 shares.

Before that, HOLLOWAY ANNE M sold 400 shares. American States Water Co. shares valued at $32,800 were divested by the Director at a price of $82.00 per share. As a result of the transaction, HOLLOWAY ANNE M now holds 38,186 shares, worth roughly $2.71 million.

Wells Fargo downgraded its American States Water Co. [AWR] rating to an Underweight from a an Equal weight in a research note published on June 28, 2023; the price target was decreased to $89 from $94. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid May from “an Underweight” to “an Equal weight”. Seaport Research Partners also remained covering AWR and has decreased its forecast on January 05, 2023 with a “Neutral” recommendation from previously “Buy” rating. UBS started covering the stock on November 30, 2022. It rated AWR as “a Sell”.

Price Performance Review of AWR

On Tuesday, American States Water Co. [NYSE:AWR] saw its stock jump 0.84% to $70.84. Over the last five days, the stock has gained 0.94%. American States Water Co. shares have fallen nearly -11.91% since the year began. Nevertheless, the stocks have fallen -20.18% over the past one year. While a 52-week high of $92.85 was reached on 01/02/24, a 52-week low of $66.03 was recorded on 04/16/24. SMA at 50 days reached $70.91, while 200 days put it at $78.54. A total of 0.3 million shares were traded, compared to the trading of 0.14 million shares in the previous session.

Levels Of Support And Resistance For AWR Stock

The 24-hour chart illustrates a support level at 69.71, which if violated will result in even more drops to 68.57. On the upside, there is a resistance level at 71.64. A further resistance level may holdings at 72.44. The Relative Strength Index (RSI) on the 14-day chart is 54.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.33, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.78%. Stochastics %K at 84.20% indicates the stock is a selling.

Most Popular

[the_ad id="945"]