Water Stocks Watchlist: WTRG, YORW, CWT, AWR, AWK

Water is one of the basic necessities of human life. Life as we know it cannot exist without water. For this simple reason, water may be the most valuable commodity on Earth. And, given the fact that water is a necessity of human life, demand for water should hold up extremely well, even during the worst recessions. Therefore, investors with a longer time horizon should consider water stocks. Here are a few water stocks to add to your watchlist.

Essential Utilities Inc (NYSE:WTRG) stock continues to trade in a narrow range. On Thursday, the stock fell 0.89% to $46.93 with over 539k shares traded hands, compared to its average volume of 889k shares. Over the past 52-week, the stock has been moving in a range of $41.11 – 51.42.  The stock is trading above 14% from its 52-week low and 8% away from its 52-week high.

York Water Co (NYSE:YORW) stock continues to gain and moved up 7% in the past month. On Thursday, the stock slid 0.26% to $49.16 with over 21k shares traded hands, compared to its average volume of 42K shares. Over the past 52-week, the stock has been moving in a range of $40.70 – 53.77.  The stock is trading above 14% from its 52-week low and 8% away from its 52-week high. The York Water Company’s YORW third-quarter 2021 earnings per share of 36 cents missed the Consensus Estimate of 39 cents by 7.7%. Earnings for the reported quarter matched the year-ago figure.

California Water Service Group (NYSE:CWT) stock continues to gain and moved up 17% so far this year. On Thursday, the stock was down marginally to $62.50 with over 158K shares traded hands, compared to its average volume of 210K shares. Over the past 52-week, the stock has been moving in a range of $48.88 – 65.99. 

American States Water Company (NYSE:AWR) has been consolidating after the recent jump. On Thursday, the stock fell 0.60% to $93.09 with over 63K shares traded hands, compared to its average volume of 163K shares. Over the past 52-week, the stock has been moving in a range of $70.07 – 94.96.  The stock is trading above 14% from its 52-week low and 8% away from its 52-week high. The York Water Company’s YORW third-quarter 2021 earnings per share of 36 cents missed the Consensus Estimate of 39 cents by 7.7%. Earnings for the reported quarter matched the year-ago figure.

American Water Works Company Inc (NYSE:AWK) stock continues to trade in a narrow range. On Thursday, the stock fell 0.78% to $170.65 with over 501K shares traded hands, compared to its average volume of 694K shares. Over the past 52-week, the stock has been moving in a range of $131.01 – 189.35.  The stock is trading above 30% from its 52-week low and 10% away from its 52-week high.