Middlesex Water Co. (MSEX) is Trading Higher on Unusual Volume for January 20

Equities Staff |

Middlesex Water Co. (MSEX) experienced unusually high volume on Jan. 20, as the stock gained 1.23% to a closing price of $26.30. The stock saw 71,581 shares trade hands over the course of the day on 526 trades. Given that the stock’s average daily volume over the last month has been 41,539 shares a day, this represents a pretty substantial spike over the norm.

Middlesex Water Co. has a P/B ratio of 2.11. It also has a P/E ratio of 22.2. The stock has traded between $28.02 and $21.24 over the last 52-weeks, its 50-day SMA is now $25.67, and its 200-day SMA $23.53.

Middlesex Water Co owns and operates regulated water utility and wastewater systems in New Jersey, Delaware and Pennsylvania. The Company also operates water and wastewater systems under contract on behalf of municipal and private clients.

Headquartered in Iselin, NJ, Middlesex Water Co. has 282 employees and is currently under the leadership of CEO Dennis W. Doll.

For a complete fundamental analysis analysis of Middlesex Water Co., check out Equities.com’s Stock Valuation Analysis report for MSEX. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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

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