Middlesex Water (MSEX) Downgraded to “Strong Sell” at BidaskClub
Middlesex Water (NASDAQ:MSEX) was downgraded by equities researchers at BidaskClub from a “sell” rating to a “strong sell” rating in a note issued to investors on Saturday.
Separately, Zacks Investment Research lowered Middlesex Water from a “hold” rating to a “sell” rating in a research report on Wednesday, February 14th.
Middlesex Water (MSEX) opened at $34.58 on Friday. Middlesex Water has a 12-month low of $32.23 and a 12-month high of $46.74. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.51 and a quick ratio of 0.43. The stock has a market capitalization of $565.24, a price-to-earnings ratio of 27.66 and a beta of 0.45.
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Middlesex Water Company Profile
Middlesex Water Company is a water utility company. The Company owns and operates regulated water utility and wastewater systems in New Jersey, Delaware and Pennsylvania. The Company also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware.
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