3 Utilities Stocks Pushing The Sector Higher
2. As of noon trading, Companhia De Saneamento Basico Do Estado De ( SBS) is up $0.12 (0.84) to $14.36 on average volume Thus far, 650,650 shares of Companhia De Saneamento Basico Do Estado De exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $14.14-$14.40 after having opened the day at $14.25 as compared to the previous trading day's close of $14.24. Companhia de Saneamento Basico do Estado de S o Paulo SABESP provides basic and environmental sanitation services; and supplies treated water on a wholesale basis to residential, commercial, industrial, and governmental customers in the State of S o Paulo. Companhia De Saneamento Basico Do Estado De has a market cap of $9.8 billion and is part of the utilities industry. The company has a P/E ratio of 18.8, above the S&P 500 P/E ratio of 17.7. Shares are up 2.2% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Companhia De Saneamento Basico Do Estado De a buy, no analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates Companhia De Saneamento Basico Do Estado De as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Companhia De Saneamento Basico Do Estado De Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
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