Consolidated Water Co. (NASDAQ:CWCO) was down 2.9% during mid-day trading on Thursday . The stock traded as low as $12.22 and last traded at $12.31, with a volume of 59,613 shares traded. The stock had previously closed at $12.68.

Several equities research analysts have issued reports on CWCO shares. Janney Montgomery Scott restated a “buy” rating and set a $15.00 target price (up previously from $14.00) on shares of Consolidated Water in a research report on Thursday, May 12th. Zacks Investment Research upgraded Consolidated Water from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a research report on Thursday, May 26th.

The stock has a 50 day moving average price of $13.05 and a 200 day moving average price of $12.77. The firm has a market cap of $186.08 million and a P/E ratio of 24.34.

Consolidated Water (NASDAQ:CWCO) last released its quarterly earnings data on Tuesday, August 9th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.01. Analysts expect that Consolidated Water Co. will post $0.60 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 31st. Stockholders of record on Monday, October 3rd will be paid a dividend of $0.075 per share. The ex-dividend date is Thursday, September 29th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.39%.

In other news, Director Richard Finlay bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 31st. The stock was bought at an average price of $12.73 per share, with a total value of $127,300.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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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