Middlesex Water Co’s recently made public that its Principal Accounting Officer Capko Robert John unloaded Company’s shares for reported $9911.0 on Nov 08 ’24. In the deal valued at $69.31 per share,143 shares were sold. As a result of this transaction, Capko Robert John now holds 0 shares worth roughly $0.0.
Then, REINHARD WALTER G sold 500 shares, generating $30,977 in total proceeds. Upon selling the shares at $61.95, the Director now owns 6,651 shares.
Before that, REINHARD WALTER G sold 857 shares. Middlesex Water Co shares valued at $48,986 were divested by the Director at a price of $57.16 per share. As a result of the transaction, REINHARD WALTER G now holds 0 shares, worth roughly $0.0.
BofA Securities initiated its Middlesex Water Co [MSEX] rating to an Underperform in a research note published on December 11, 2024; the price target was $56. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in early August from “an Outperform” to “a Neutral”. Janney also remained covering MSEX and has increased its forecast on June 24, 2022 with a “Buy” recommendation from previously “Neutral” rating. Boenning & Scattergood revised its rating on June 04, 2021. It rated MSEX as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of MSEX
On Friday, Middlesex Water Co [NASDAQ:MSEX] saw its stock fall -0.91% to $51.06. Over the last five days, the stock has gained 4.48%. Middlesex Water Co shares have fallen nearly -2.98% since the year began. Nevertheless, the stocks have fallen -12.87% over the past one year. While a 52-week high of $70.73 was reached on 01/02/25, a 52-week low of $45.42 was recorded on 01/13/25. SMA at 50 days reached $59.47, while 200 days put it at $58.56.
Levels Of Support And Resistance For MSEX Stock
The 24-hour chart illustrates a support level at 50.56, which if violated will result in even more drops to 50.05. On the upside, there is a resistance level at 51.98. A further resistance level may holdings at 52.89. The Relative Strength Index (RSI) on the 14-day chart is 35.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.81%. Stochastics %K at 43.14% indicates the stock is a holding.
How much short interest is there in Middlesex Water Co?
A steep rise in short interest was recorded in Middlesex Water Co stocks on 2024-12-31, dropping by -0.24 million shares to a total of 0.58 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.82 million shares. There was a decline of -42.0%, which implies that there is a negative sentiment for the stock.
