Artesian Resources (ARTNA) Jumps: Stock Rises 5.4%

Zacks

Artesian Resources Corp. ARTNA was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 6% in the last one month.

The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Artesian Resources currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked water utility stock is Companhia de Saneamento Basico do Estado de Sao Paulo SBS, holding a Zacks Rank #2 (Buy).

Is ARTNA going up? Or down? Predict to see what others think: Up or Down

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