Media coverage about Connecticut Water Service (NASDAQ:CTWS) has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Connecticut Water Service earned a news impact score of 0.22 on Accern’s scale. Accern also gave news headlines about the utilities provider an impact score of 46.4517696838163 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern’s scoring:
- Connecticut Water Service Inc (CTWS) Receives Average Rating of “” from Analysts (americanbankingnews.com)
- Connecticut Water Service, Inc. (CTWS) Announces Quarterly Earnings Results (americanbankingnews.com)
- Connecticut Water (CTWS) Q2 Earnings Top, Sales Rise Y/Y (finance.yahoo.com)
- Connecticut Water second-quarter profits down 15 percent from last year (nhregister.com)
Shares of Connecticut Water Service (NASDAQ CTWS) traded down 2.46% on Friday, reaching $54.72. The company’s stock had a trading volume of 30,242 shares. The firm has a 50-day moving average price of $56.54 and a 200 day moving average price of $54.94. The firm has a market capitalization of $632.78 million, a PE ratio of 25.37 and a beta of 0.09. Connecticut Water Service has a one year low of $45.13 and a one year high of $62.15.
Connecticut Water Service (NASDAQ:CTWS) last issued its earnings results on Tuesday, August 8th. The utilities provider reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.76 by $0.03. Connecticut Water Service had a return on equity of 13.11% and a net margin of 30.17%. The company had revenue of $29.50 million for the quarter. On average, analysts anticipate that Connecticut Water Service will post $2.21 earnings per share for the current fiscal year.
Separately, Zacks Investment Research upgraded Connecticut Water Service from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th.
About Connecticut Water Service
Connecticut Water Service, Inc is a non-operating holding company. The Company’s income is derived from the earnings of its subsidiary companies, including The Connecticut Water Company (Connecticut Water), The Maine Water Company (Maine Water), New England Water Utility Services, Inc (NEWUS),The Avon Water Company (AWC) and Chester Realty Company (Chester Realty).
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