Shares of Consolidated Water Co. (NASDAQ:CWCO) were up 3.8% during trading on Monday . The stock traded as high as $13.50 and last traded at $13.49, with a volume of 68,817 shares changing hands. The stock had previously closed at $12.99.

Several analysts recently commented on CWCO shares. Zacks Investment Research upgraded shares of Consolidated Water from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research report on Friday, March 25th. Roth Capital restated a “buy” rating on shares of Consolidated Water in a research report on Thursday, March 24th. Finally, Janney Montgomery Scott restated a “buy” rating and set a $15.00 price objective (up previously from $14.00) on shares of Consolidated Water in a research report on Thursday, May 12th.

The stock has a market capitalization of $199.45 million and a P/E ratio of 26.04. The company has a 50-day moving average price of $13.22 and a 200 day moving average price of $12.34.

Consolidated Water (NASDAQ:CWCO) last issued its quarterly earnings results on Tuesday, May 10th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.16 by $0.02. Analysts expect that Consolidated Water Co. will post $0.61 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Sunday, July 31st. Shareholders of record on Friday, July 1st will be given a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend is Wednesday, June 29th.

In other Consolidated Water news, COO John Tonner sold 4,600 shares of the business’s stock in a transaction dated Wednesday, May 18th. The shares were sold at an average price of $13.79, for a total value of $63,434.00. Following the sale, the chief operating officer now directly owns 8,600 shares in the company, valued at $118,594. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

An institutional investor recently raised its position in Consolidated Water stock. Russell Frank Co increased its position in Consolidated Water Co. (NASDAQ:CWCO) by 32.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 266,074 shares of the company’s stock after buying an additional 65,126 shares during the period. Russell Frank Co owned 1.80% of Consolidated Water worth $3,360,000 as of its most recent filing with the SEC.

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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