Middlesex Water Co [NASDAQ: MSEX] surged by $0.03 during the normal trading session on while it closed the day at $57.20.
Middlesex Water Co stock has also loss -2.09% of its value over the past 7 days. However, MSEX stock has inclined by 11.61% in the 3 months of the year. Over the past six months meanwhile, it has lost -13.46% and gained 8.68% year-on date.
The market cap for MSEX stock reached $1.03 billion, with 17.89 million shares outstanding and 17.12 million shares in the current float. Compared to the average trading volume of 173.30K shares, MSEX reached a trading volume of 132344 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Middlesex Water Co [MSEX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MSEX shares is $66.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MSEX stock is a recommendation set at 2.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Janney have made an estimate for Middlesex Water Co shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 04, 2025. The new note on the price target was released on March 03, 2025, representing the official price target for Middlesex Water Co stock. Previously, the target price had yet another raise to $56, while BofA Securities analysts kept a Underperform rating on MSEX stock.
The Average True Range (ATR) for Middlesex Water Co is set at 1.92, with the Price to Sales ratio for MSEX stock in the period of the last 12 months amounting to 5.24. The Price to Book ratio for the last quarter was 2.28, with the Price to Cash per share for the same quarter was set at 0.15.
MSEX stock trade performance evaluation
Middlesex Water Co [MSEX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.09. With this latest performance, MSEX shares dropped by -7.71% in over the last four-week period, additionally sinking by -13.46% over the last 6 months – not to mention a drop of -1.41% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MSEX stock in for the last two-week period is set at 40.29, with the RSI for the last a single of trading hit 38.29, and the three-weeks RSI is set at 42.86 for Middlesex Water Co [MSEX]. The present Moving Average for the last 50 days of trading for this stock 61.04, while it was recorded at 58.02 for the last single week of trading, and 59.95 for the last 200 days.
Middlesex Water Co [MSEX]: An insightful look at the core fundamentals
Middlesex Water Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.39 and a Current Ratio set at 0.46.
Middlesex Water Co [MSEX]: Institutional Ownership
There are presently around $80.52%, or 81.64%% of MSEX stock, in the hands of institutional investors. The top three institutional holders of MSEX stocks are: BLACKROCK INC. with ownership of 3.36 million shares, which is approximately 18.8509%. VANGUARD GROUP INC, holding 1.39 million shares of the stock with an approximate value of $$72.54 million in MSEX stocks shares; and VANGUARD GROUP INC, currently with $$65.83 million in MSEX stock with ownership which is approximately 7.0651%.