American Water Works Stock Hits New 52-Week High (AWK)

NEW YORK ( TheStreet) -- American Water Works (NYSE: AWK) hit a new 52-week high Tuesday as it is currently trading at $34.72, above its previous 52-week high of $34.67 with 164,761 shares traded as of 10:29 a.m. ET. Average volume has been 874,000 shares over the past 30 days.

American Water Works has a market cap of $6.09 billion and is part of the utilities sector and utilities industry. Shares are up 7.5% year to date as of the close of trading on Monday.

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services to residential, commercial, industrial, public, and other customers in the United States and Canada. The company has a P/E ratio of 20, above the average utilities industry P/E ratio of 19.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates American Water Works 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, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full American Water Works Ratings Report.

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