NasdaqGS:HTOWater Utilities
H2O America (HTO) After Quadvest Approval Is The Stock Fully Valued
H2O America (HTO) is back in focus after confirming that its Texas subsidiaries have secured state and federal approvals to acquire Quadvest’s water and wastewater assets in the Houston metro area.
At a share price of US$63.55, H2O America has delivered a 29.04% year to date share price return and a 30.26% total shareholder return over the past year. This suggests the approved Quadvest acquisition fits into a period of strengthening momentum and improving investor sentiment toward the...