Consolidated Water (CWCO) in Focus: Stock Tanks 10.5%

Zacks

Consolidated Water Co. Ltd. (CWCO) saw a big move last session, as the company’s shares fell nearly 11 % on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as CWCO is now trading below the volatile price range of $11.6 to $12.5 in the past one-month time frame.
 
This Water Supply company has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
 
CWCO currently has a Zacks Rank #4 (Sell).
 
Some better-ranked stocks in the Water Utilities industry include Aqua America Inc. (WTR) and American Water Works Company, Inc. (AWK). Both the stocks hold a Zacks Rank #2 (Buy).
 
Investors interested in the Utilities sector may consider a better-ranked stock like Brookfield Infrastructure Partners L.P. (BIP), carrying a Zacks Rank #1 (Strong Buy).
 
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CONSL WATER CO (CWCO): Free Stock Analysis Report

BROOKFIELD INFRASTRUCTURE PARTNE (BIP): Free Stock Analysis Report

AQUA AMERICA INC (WTR): Free Stock Analysis Report

AMERICAN WATER WORKS CO INC (AWK): Free Stock Analysis Report


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