California Water Service Group (NYSE:CWT) traded today at a new 52-week high of $65.99. This new high was reached on below average trading volume as 64,000 shares traded hands, while the average 30-day volume is approximately 229,000 shares.
In the past 52 weeks, shares of California Water Service Group have traded between a low of $41.19 and a high of $65.99 and is now at $64.98, which is 58% above that low price.
California Water Service Group (NYSE:CWT) is currently priced 33.1% above its average consensus analyst price target of $43.46.
California Water Service Group is a U.S. water and utilities holding company based in California. The company engages in the production, treatment, distribution, and sale of water for various uses. The firm operates through its subsidiaries, which can be divided between regulated and unregulated businesses. The regulated public utilities subsidiaries operate in California, New Mexico, Washington, and Hawaii. The unregulated subsidiaries provide water utility services to private companies and municipalities. The company derives the majority of its revenue from its operations in California and, overall, from residential customers.
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