Artesian Resources (ARTNA) Upgraded at BidaskClub
Artesian Resources (NASDAQ:ARTNA) was upgraded by investment analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Saturday.
ARTNA stock opened at $35.48 on Friday. The firm has a market cap of $339.88 million, a PE ratio of 21.51 and a beta of -0.05. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.41 and a quick ratio of 0.37. Artesian Resources has a 52 week low of $32.00 and a 52 week high of $43.22.
Artesian Resources (NASDAQ:ARTNA) last released its quarterly earnings data on Tuesday, August 7th. The utilities provider reported $0.42 EPS for the quarter. The business had revenue of $20.24 million during the quarter. Artesian Resources had a return on equity of 10.85% and a net margin of 18.42%.
About Artesian Resources
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.
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