The York Water Company (YORW) Moves Lower on Volume Spike for February 26

Equities Staff  |

The York Water Company (YORW) traded on unusually high volume on Feb. 26, as the stock lost 0.17% to close at $29.45. On the day, The York Water Company saw 49,569 shares trade hands on 417 trades. Considering that the stock averages only a daily volume of 32,719 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 $39.86 and $28.24 over the last 52-weeks, its 50-day SMA is now $31.98, and its 200-day SMA $33.74. The York Water Company has a P/B ratio of 3.22. It also has a P/E ratio of 30.4.

The York Water Co is an investor-owned water utility in the United States. The Company also operates two wastewater collection and treatment systems.

Headquartered in York, PA, The York Water Company has 105 employees and is currently under the leadership of CEO .

For a complete fundamental analysis analysis of The York Water Company, check out Equities.com’s Stock Valuation Analysis report for YORW.

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to learn more about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading Stocks today.

To get more information on The York Water Company and to follow the company’s latest updates, you can visit the company’s profile page here: YORW’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’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 equities.com. 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: http://www.equities.com/disclaimer


Trending Articles

Big Lots Down 18% in Premarket Trading Friday on Surprise Missed Earnings
Modine Posts Strong Rebound in Fiscal Q4, Raises 2023 Guidance
Dollar Tree Posts Record First Quarter, Leads Nasdaq Gainers
Kohl's Still in Play To Be Acquired
Chinook Therapeutics Raises $105 Million for Kidney Disease Therapies
Market Conditions Driving Higher Base Level for VIX Volatility Index
Will New AT&T, Dish Co-opetition Deal Work: Jeff Kagan
Cisco Down 12% in Premarket Trading Thursday After Top Line Miss and Lower Forecast



Market Movers

Sponsored Financial Content