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Middlesex Water Shares Up 8.1% Since SmarTrend's Buy Recommendation (MSEX)

By David Diaz

SmarTrend identified an Uptrend for Middlesex Water (NASDAQ:MSEX) on August 16th, 2019 at $60.64. In approximately 2 months, Middlesex Water has returned 8.10% as of today's recent price of $65.55.

In the past 52 weeks, shares of Middlesex Water have traded between a low of $40.08 and a high of $66.10 and are now at $65.55, which is 64% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.4%.

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 shifts in the trajectory of Middlesex Water shares.

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