American States Water Company (AWR) Moves Lower on Volume Spike for March 23

Equities Staff  |

American States Water Company (AWR) traded on unusually high volume on Mar. 23, as the stock lost 3.95% to close at $52.30. On the day, American States Water Company saw 416,879 shares trade hands on 4,035 trades. Considering that the stock averages only a daily volume of 274,475 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $60.00 and $43.08 over the last 52-weeks, its 50-day SMA is now $53.88, and its 200-day SMA $51.90. American States Water Company has a P/B ratio of 3.62. It also has a P/E ratio of 29.

American States Water Co is engaged in the purchase, production, and distribution of water. It also provides water and/or wastewater services at various military installations. It operates in three segments water, electric and contracted service.

Headquartered in San Dimas, CA, American States Water Company has 758 employees and is currently under the leadership of CEO Robert J. Sprowls.

For a complete fundamental analysis analysis of American States Water Company, check out’s Stock Valuation Analysis report for AWR.

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To get more information on American States Water Company and to follow the company’s latest updates, you can visit the company’s profile page here: AWR’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

Stock price data is provided by IEX Cloud on a 15-minute delayed basis. Chart price data is provided by TradingView on a 15-minute delayed basis.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

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