One of the most dreaded feelings for an investor is when the stock they just bought is overvalued, or they missed out on an undervalued opportunity by not acting fast enough.
But what if you had the insights to effectively evaluate a company like York Water Co before investing? Investing requires a certain perspective to avoid being overly confident in a company or worried about cyclical changes. A smart way to take the guesswork out of knowing when to buy or sell York Water Co’s stock is to have the right tools and resources as well as a clear monitoring process.
In this article, we go over a few key elements for understanding York Water Co’s stock price such as:
- Current stock price and volume
- Stock price history
- Upgrades and downgrades from analysts
- Stock price momentum as measured by its relative strength
About York Water Co
(YORW)
Before we jump into York Water Co’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.
The York Water Company is an investor-owned water utility in the United States. The Company's primary business includes impounding, purifying to meet, or exceed safe drinking water standards, and distributing water. It also owns and operates two wastewater collection systems and five wastewater collection and treatment systems. The Company operates within its franchised water and wastewater territory, which covers 51 York, Adams, and Franklin Counties, Pennsylvania. It covers the areas of billing, payment procedures, dispute processing, terminations, service territory, and rate setting. The Company obtains the bulk of its water supply from both the South Branch and East Branch of the Codorus Creek. It has two reservoirs, Lake Williams and Lake Redman, which together hold up to approximately 2.2 billion gallons of water. Water service is supplied through the Company's distribution system.
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York Water Co’s Stock Price as of Market Close
As of March 07, 2023, 4:00 PM CST, York Water Co’s stock price was $45.33.
York Water Co is up 4.04% from its previous closing price of $43.57.
During the last market session, York Water Co’s stock traded between $42.94 and $43.94. Currently, there are 14.25 million shares of York Water Co stock available for purchase.
York Water Co’s price-earnings (P/E) ratio is currently at 32.2, which is high compared to the Utilities - Water & Related industry median of 31.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.
York Water Co Stock Price History
York Water Co’s
(YORW) price is currently up 4.25% so far this month.
During the month of March, York Water Co’s stock price has reached a high of $45.69 and a low of $42.24.
Over the last year, York Water Co has hit prices as high as $47.95 and as low as $36.85. Year to date, York Water Co’s stock is down 8.94%.
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What Caused York Water Co Stock’s Price to Rise?
Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?
One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 06, 2023, there were 0 analysts who downgraded York Water Co’s stock and 1 analyst who upgraded over the last month.
Additionally, you'll want to evaluate York Water Co’s financial health and valuation. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others.
Therefore, AAII developed a composite valuation to help resolve such issues. AAII’s Value Grade analyzes six distinct variables: price-to-sales (P/S) ratio, price-earnings (P/E) ratio, the ratio of enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), shareholder yield, price-to-book-value (P/B) ratio and price-to-free-cash-flow (P/FCF) ratio.
York Water Co’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.
Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.
Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about York Water Co
(YORW) by visiting AAII Stock Evaluator.
Relative Price Strength of York Water Co
Relative price strength addresses the relationship between a stock price’s trend and the price trend of the market. This ratio is expressed as a percentage and helps investors understand a company’s momentum as well as its value. You can use relative price strength to select investments that have been outperforming the market or a specific benchmark.
For AAII’s Momentum Grade, a weighted relative price strength is calculated. The weighted four-quarter relative price strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40%, and each of the three previous quarters are given a weighting of 20%.
As of March 06, 2023, York Water Co has a weighted four-quarter relative price strength of -0.60%, which translates to a Momentum Score of 49 and is considered to be Average.
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York Water Co Stock Price: Bottom Line
As of March 7, 2023, York Water Co’s stock price is $45.33, which is up 4.04% from its previous closing price.
At AAII, we stress that investors should never buy or sell a stock solely based on its stock price. Past returns do not guarantee future performance. Therefore, you should consider multiple ratios, fundamentals and analytics before making a decision. Whether you decide it’s a good time to buy or sell York Water Co’s stock based on its stock price forecast is ultimately up to you.
It’s important to understand that stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand in the market. Stock price overviews, like the one you just read, only give you a small snapshot of a company’s performance, value and momentum.
By becoming an A+ Investor subscriber, you will have full access to analytics, grades, stock screens, commentary and more so you can invest with confidence.
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