Shares of Consolidated Water Co. (NASDAQ:CWCO) saw unusually-high trading volume on Friday . Approximately 69,203 shares changed hands during trading, an increase of 27% from the previous session’s volume of 54,516 shares.The stock last traded at $12.56 and had previously closed at $12.30.

CWCO has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Consolidated Water from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research note on Thursday, May 26th. Janney Montgomery Scott restated a “buy” rating and set a $15.00 price target (up previously from $14.00) on shares of Consolidated Water in a research note on Thursday, May 12th.

The stock has a 50 day moving average of $13.17 and a 200-day moving average of $12.73. The stock has a market capitalization of $185.19 million and a PE ratio of 24.22.

Consolidated Water (NASDAQ:CWCO) last issued its earnings results on Tuesday, August 9th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.01. Equities research analysts expect that Consolidated Water Co. will post $0.60 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Sunday, July 31st. Stockholders of record on Friday, July 1st were issued a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend was Wednesday, June 29th.

Consolidated Water Co Ltd. develops and operates seawater desalination plants (that utilize reverse osmosis technology) and water distribution systems in areas where naturally occurring supplies of potable water are scarce or non-existent. The Company operates in three segments: retail water operations, bulk water operations and services operations.

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