Essential Utilities Inc’s recent filing unveils that its Chief Accounting Officer RUBIN ROBERT A unloaded Company’s shares for reported $87661.0 on Jul 01 ’24. In the deal valued at $37.43 per share,2,342 shares were sold. As a result of this transaction, RUBIN ROBERT A now holds 53,391 shares worth roughly $2.14 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, RUBIN ROBERT A sold 2,023 shares, generating $73,961 in total proceeds. Upon selling the shares at $36.56, the Chief Accounting Officer now owns 13,358 shares.
Before that, RUBIN ROBERT A sold 5,565 shares. Essential Utilities Inc shares valued at $207,074 were divested by the Chief Accounting Officer at a price of $37.21 per share. As a result of the transaction, RUBIN ROBERT A now holds 57,756 shares, worth roughly $2.31 million.
Jefferies downgraded its Essential Utilities Inc [WTRG] rating to a Hold from a a Buy in a research note published on November 07, 2024; the price target was decreased to $41 from $44. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. Edward Jones revised its rating on November 03, 2023. It rated WTRG as “a Buy” which previously was an “a Hold”.
Price Performance Review of WTRG
On Friday, Essential Utilities Inc [NYSE:WTRG] saw its stock fall -0.62% to $40.03. Over the last five days, the stock has gained 1.70%. Essential Utilities Inc shares have risen nearly 7.18% since the year began. Nevertheless, the stocks have risen 13.18% over the past one year. While a 52-week high of $41.78 was reached on 08/02/24, a 52-week low of $33.57 was recorded on 04/16/24. SMA at 50 days reached $39.13, while 200 days put it at $38.07.
Levels Of Support And Resistance For WTRG Stock
The 24-hour chart illustrates a support level at 39.89, which if violated will result in even more drops to 39.75. On the upside, there is a resistance level at 40.26. A further resistance level may holdings at 40.49. The Relative Strength Index (RSI) on the 14-day chart is 57.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 24.65%. Stochastics %K at 81.97% indicates the stock is a selling.
How much short interest is there in Essential Utilities Inc?
A steep rise in short interest was recorded in Essential Utilities Inc stocks on 2024-11-15, growing by 0.32 million shares to a total of 4.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.85 million shares. There was a rise of 7.76%, which implies that there is a positive sentiment for the stock.
