American Water Works Company, Inc.’s Stock Price Drops to $118.52, Noting a Negative 1.55% Shift in Market Performance

American Water Works Company, Inc. (AWK)

118.52 USD -1.86 (-1.55%) Volume: 1.11M

American Water Works Company, Inc.’s stock price currently stands at 118.52 USD, experiencing a drop of -1.55% this trading session with a trading volume of 1.11M, reflecting a YTD percentage change of -10.21%, indicating a challenging market performance.

Latest developments on American Water Works Company, Inc.

Despite daily losses, American Water Works Co. (NYSE:AWK) has outperformed competitors, attracting increased short interest and new partnerships. This includes the acquisition of 161 shares by Global Retirement Partners LLC, and a significant deal won by an American Water Works unit with Picatinny Arsenal, NJ. However, the company also witnessed some setbacks with UMB Bank n.a. reducing its stock position, and State of Alaska Department of Revenue and State of Michigan Retirement System selling a considerable amount of shares. Despite these movements, American Water Works is committed to growth, as evidenced by its Pennsylvania and Kentucky arms investing in upgrades and assets.

A look at American Water Works Company, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to the Smartkarma Smart Scores, American Water Works Co has a promising long-term outlook. With a score of 3 in both growth and momentum, the company is showing positive signs of expansion and progress. This is supported by its primary business of owning regulated water and wastewater utilities, providing essential services to customers across multiple states and Ontario, Canada.

In addition, American Water Works Co is also displaying resilience with a score of 3, indicating its ability to withstand challenges and maintain stability. While its value and dividend scores are lower at 2, this may still be considered a decent rating in the current market climate. Overall, the company’s scores suggest a strong potential for future success and growth, making it a promising option for investors looking for a reliable water and wastewater services provider.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma