NYSE:AWRWater Utilities
Is American States Water (AWR) Pricing In Too Much Optimism After Recent Share Gains?
Wondering if American States Water at around US$75 a share still makes sense for your portfolio, or if the price is running ahead of the fundamentals?
The stock last closed at US$75.10, with returns of 3.7% over the past week, 1.2% over the past month, 3.9% year to date, and a 0.8% decline over the past year. These figures may prompt questions about how the market is currently pricing its prospects.
Recent attention on regulated utilities and essential service providers has kept American...