The York Water Company - Chart Of The Day

The Chart of the Day belongs to The York Water Company (NASDAQ:YORW). I found the stock by sorting the All Time High list for the stocks with the highest technical buy signals then used the Flipchart feature to review the charts. Since the Trend Spotter signaled another buy on 12/17 the stock gained 13.22%.

The York Water Company impounds, purifies and distributes water. They are regulated by the Pennsylvania Public Utility Commission in the areas of billing, payment procedures, dispute processing, terminations, service territory, and rate setting. They must obtain PPUC approval before changing any of the aforementioned procedures.

(click to enlarge)

Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 4 new highs and up 5.52% in the last month
  • Relative Strength Index 66.31%
  • Barchart computes a technical support level at 23.75
  • Recently traded at 24.84 with a 50 day moving average of 22.23


Fundamental factors:

 

  • Market Cap $318.70 million
  • P/E 29.90
  • Dividend yield 2.44%
  • Revenue expected to grow 9.20% this year and another 3.20% next year
  • Earnings estimated to increase 13.30% this year, an additional 4.70% next year and continue to compound at an annual rate of 4.90% for the next 5 years
  • Wall Street analysts issued 2 hold and 1 under perform recommendation on this stock


None of the technical trading strategies have been effective on this stock so unless you'd like to hold it for the steady dividend yield I would not advise you try to trade this stock.

Disclosure: None.

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Joe Economy 10 years ago Member's comment

Apparently the company has consistently increased its dividend for the last 18 years, having paid one to investors since 1816, but at 2.5% its not the highest dividend out there. I like the following higher dividend diverse sector stocks: PFE 3.1%, GE 3.8%, T 5.6%, and ED 3.7%. Any thoughts on these?