American States Water Stock Hits New 52-Week High (AWR) - TheStreet

NEW YORK (

TheStreet

) --

American States Water

(NYSE:

AWR

) hit a new 52-week high Wednesday as it is currently trading at $39, above its previous 52-week high of $38.95 with 14,494 shares traded as of 12:08 p.m. ET. Average volume has been 100,800 shares over the past 30 days.

American States Water has a market cap of $721 million and is part of the

utilities

sector and

utilities

industry. Shares are up 9.5% year to date as of the close of trading on Tuesday.

American States Water Company, together with its subsidiaries, provides water, electric, and contracted services in the United States. The company has a P/E ratio of 16, above the average utilities industry P/E ratio of 14.9 and below the S&P 500 P/E ratio of 17.7.

  • ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

TheStreet Ratings rates American States Water as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, good cash flow from operations, notable return on equity and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

American States Water Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null