Global Water Resources (TSE:GWR) Shares Down 1.7% – Time to Sell?

Shares of Global Water Resources, Inc. (TSE:GWRGet Free Report) dropped 1.7% on Monday . The company traded as low as C$17.84 and last traded at C$17.84. Approximately 200 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 466 shares. The stock had previously closed at C$18.14.

Global Water Resources Stock Down 1.7 %

The firm’s 50-day moving average is C$17.84. The company has a market capitalization of C$425.84 million, a P/E ratio of 59.47, a PEG ratio of 3.51 and a beta of 0.72. The company has a debt-to-equity ratio of 250.98, a quick ratio of 1.07 and a current ratio of 1.16.

About Global Water Resources

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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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