The York Water Company (YORW) insider have most recently took part in a trading activity. On Sep 20, 2017 Rasmussen Steven R, Director bought 18 shares having total worth of $595 at the price of $33.04 per share, following the transaction a total of 1,348 shares owned by Rasmussen Steven R. Before this latest buy, Rasmussen Steven R purchased YORW at 16 other times during the past twelve months, for a total investment of $7,822 at an average of $34.59 per share.
The stock has experienced a total of 23 insider trades in the past three months. These trades include 23 buy trades. Furthermore, over the past 12 months , the stock was traded 79 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 78 instances.
|Time Frame||Number of Insider Buy||Number of Insider Sell||Stock Price Change(%)|
Shares of The York Water Company (YORW) traded up 0.9% on Sep 20, 2017, hitting $33.8. 18,745 shares of the company’s stock traded hands. The York Water Company has a 52 week low of $26.19 and a 52 week high of $39.47. The company’s market cap is $388 million.
York Water Company, a Pennsylvania corporation was formed in 1816. The business of the Company is to impound, purify to meet or exceed safe drinking water standards and distribute water. It also operates a single wastewater collection and treatment system. The Company operates within its franchised territory, which covers 39 municipalities within York County, Pennsylvania and eight municipalities within Adams County, Pennsylvania. Water service is supplied through the Company’s own distribution system. The Company obtains its water supply from both the South Branch and East Branch of the Codorus Creek, which together have an average daily flow of 73.0 million gallons per day. This combined watershed area is approximately 117 square miles. The Company has two reservoirs, Lake Williams and Lake Redman, which together hold up to approximately 2.2 billion gallons of water. The Company’s business is somewhat dependent on weather conditions, particularly the amount of rainfall. It faces competition from other water suppliers for acquisitions. Provisions of water and wastewater service are subject to regulation under the federal Safe Drinking Water Act, the Clean Water Act and related state laws, and under federal and state regulations issued under these laws. In addition, the Company is subject to federal and state laws and other regulations relating to solid waste disposal, dam safety and other aspects of its operations.
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