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15.4% Return Seen to Date on SmarTrend Middlesex Water Call (MSEX)

By Nick Russo

SmarTrend identified a Downtrend for Middlesex Water (NASDAQ:MSEX) on December 8th, 2017 at $42.66. In approximately 3 months, Middlesex Water has returned 15.38% as of today's recent price of $36.10.

Over the past year, Middlesex Water has traded in a range of $32.23 to $46.74 and is now at $36.19, 12% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has advanced 2.4%.

Middlesex Water Company treats, stores, and distributes water for residential, commercial, industrial, and fire prevention purposes. The Company operates in New Jersey and Delaware. Middlesex also provides contract water and wastewater management services to municipalities in New Jersey.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Middlesex Water.

Log in and add Middlesex Water (MSEX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights middlesex water

Ticker(s): MSEX