CWCO Stock Summary and Trading Ideas (Consolidated Water Co. Ltd. - | NASDAQ:CWCO)

Consolidated Water Co Ltd is a water utility company. It develops and operates seawater desalination plants and water distribution systems. The company's business segments are; The retail segment operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Island, The bulk segment supplies potable water to government utilities in Grand Cayman and The Bahamas under long-term contracts, The services segment designs, constructs and sells water infrastructure and provides management and operating services to third parties, and The manufacturing segment manufactures and services a wide range of custom and specialized water-related products applicable to commercial, municipal and industrial water production, supply and treatment.

Consolidated Water Co. Ltd. - trades on the NASDAQ stock market under the symbol CWCO.

As of April 19, 2024, CWCO stock price climbed to $24.45 with 442,289 million shares trading.

CWCO has a beta of 0.82, meaning it tends to be less sensitive to market movements. CWCO has a correlation of 0.06 to the broad based SPY ETF.

CWCO has a market cap of $386.36 million. This is considered a Small Cap stock.

Last quarter Consolidated Water Co. Ltd. - reported $53 million in Revenue and $.67 earnings per share. This beat revenue expectation by $8 million and exceeded earnings estimates by $.23.

In the last 3 years, CWCO stock traded as high as $38.29 and as low as $9.01.

The top ETF exchange traded funds that CWCO belongs to (by Net Assets): IWM, VXF, PHO, IWN, VTWO.

CWCO has outperformed the market in the last year with a return of +44.1%, while the SPY ETF gained +21.2%. However, in the most recent history, CWCO shares have underperformed the stock market with its stock returning -25.1% in the last 3 month period and -4.3% for the last 2 week period, while SPY has returned +4.3% and -3.5%, respectively.

CWCO support price is $23.39 and resistance is $24.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CWCO stock will trade within this expected range on the day.