Global Water Resources (TSE:GWR) Shares Pass Below 200 Day Moving Average of $17.46

Shares of Global Water Resources, Inc. (TSE:GWRGet Rating) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$17.46 and traded as low as C$17.00. Global Water Resources shares last traded at C$17.00, with a volume of 100 shares trading hands.

Global Water Resources Trading Down 0.6 %

The company has a debt-to-equity ratio of 250.98, a current ratio of 1.17 and a quick ratio of 1.07. The company’s 50 day moving average is C$16.88 and its two-hundred day moving average is C$17.46. The firm has a market cap of C$405.72 million and a P/E ratio of 60.71.

Global Water Resources Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Wednesday, November 16th will be issued a dividend of $0.034 per share. This is a positive change from Global Water Resources’s previous monthly dividend of $0.03. The ex-dividend date of this dividend is Tuesday, November 15th. This represents a $0.41 annualized dividend and a dividend yield of 2.40%. Global Water Resources’s dividend payout ratio (DPR) is presently 105.26%.

Global Water Resources Company Profile

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Global Water Resources, Inc, a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water utilities primarily in metropolitan Phoenix, Arizona. As of December 31, 2020, it served approximately 74,048 people in approximately 27,630 homes. The company was founded in 2003 and is based in Phoenix, Arizona.

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