Headlines about Artesian Resources (NASDAQ:ARTNA) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Artesian Resources earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 47.5994330639239 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

A number of analysts have weighed in on the company. Zacks Investment Research upgraded Artesian Resources from a “sell” rating to a “hold” rating in a report on Tuesday, January 9th. BidaskClub lowered Artesian Resources from a “sell” rating to a “strong sell” rating in a report on Thursday, January 18th.

Shares of ARTNA opened at $38.41 on Friday. Artesian Resources has a 12 month low of $32.00 and a 12 month high of $43.22. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.72. The firm has a market cap of $357.26, a PE ratio of 16.70 and a beta of 0.10.

Artesian Resources (NASDAQ:ARTNA) last issued its earnings results on Wednesday, March 14th. The utilities provider reported $0.50 earnings per share (EPS) for the quarter. The company had revenue of $20.19 million during the quarter. Artesian Resources had a return on equity of 10.36% and a net margin of 17.00%. analysts forecast that Artesian Resources will post 1.53 earnings per share for the current year.

In other Artesian Resources news, Director Kenneth R. Biederman sold 6,750 shares of the stock in a transaction dated Monday, March 19th. The stock was sold at an average price of $36.78, for a total transaction of $248,265.00. Following the sale, the director now directly owns 26,625 shares of the company’s stock, valued at approximately $979,267.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 20.59% of the stock is currently owned by company insiders.

Artesian Resources Company Profile

Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services on the Delmarva Peninsula. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater services to customers in Delaware.

Insider Buying and Selling by Quarter for Artesian Resources (NASDAQ:ARTNA)

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