Published On: Sat, Sep 10th, 2016

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Global Water Resources, Inc. (NASDAQ:GWRS) Director William S. Levine bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 7th. The stock was bought at an average price of $7.93 per share, with a total value of $79,300.00. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of Global Water Resources, Inc. (NASDAQ:GWRS) traded down 2.41% during trading on Friday, reaching $7.69. 41,065 shares of the company’s stock traded hands. The stock has a 50-day moving average of $8.17 and a 200-day moving average of $7.86. The company has a market capitalization of $147.43 million and a price-to-earnings ratio of 7.91. Global Water Resources, Inc. has a 1-year low of $6.23 and a 1-year high of $9.18.
Global Water Resources (NASDAQ:GWRS) last announced its quarterly earnings results on Thursday, August 11th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.21.

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The firm also recently declared a monthly dividend, which will be paid on Friday, September 30th. Shareholders of record on Friday, September 16th will be issued a $0.022 dividend. This represents a $0.26 annualized dividend and a dividend yield of 3.43%. The ex-dividend date of this dividend is Wednesday, September 14th.
Several research firms recently weighed in on GWRS. Roth Capital reiterated a “buy” rating on shares of Global Water Resources in a report on Saturday, July 9th. Zacks Investment Research cut shares of Global Water Resources from a “buy” rating to a “hold” rating in a research report on Wednesday, August 10th.
Global Water Resources Company Profile
Global Water Resources, Inc is a water resource management company that provides water, wastewater and recycled water utility services. The Company owns and operates 16 water and wastewater utilities in strategically targeted communities in metropolitan Phoenix, Arizona. It serves more than 60,000 people in approximately 23,000 homes within its 378 square miles of service areas; 206 square miles have been certificated and are serviced by seven regulated operating subsidiaries.

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