Middlesex Water (NASDAQ:MSEX) Director Jeffries Shein unloaded 1,900 shares of the stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $21.02, for a total transaction of $39,938.00. Following the completion of the sale, the director now directly owns 2,537 shares of the company’s stock, valued at approximately $53,328. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Zacks upgraded shares of Middlesex Water from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, November 11th. They now have a $23.20 price target on the stock.
Shares of Middlesex Water (NASDAQ:MSEX) opened at 20.42 on Tuesday. Middlesex Water has a 52 week low of $18.58 and a 52 week high of $22.46. The stock has a 50-day moving average of $21.32 and a 200-day moving average of $20.80. The company has a market cap of $325.1 million and a P/E ratio of 21.13.
Middlesex Water Company (NASDAQ:MSEX) is a water utility company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.