Stocks to Watch: Focus on American States Water Company (AWR), The Madison Square Garden Company (MSG)

The price of American States Water Company (NYSE:AWR) went up by $0.29 now trading at $73.39. Their shares witnessed a 36.08% increase from the 52-week low price of $53.93 they recorded on 2018-05-22. Even though it is still -0.35% behind the $73.65 high touched on 2019-05-20. The last few days have been good for the stock, as its price has grew by 0.73% during the week. It has also performed better over the past three months, as it added around 5.48% while it has so far climbed around 35.18% during the course of a year. The stock of AWR recorded 9.47% uptrend from the beginning of this year till date. The 12-month potential price target for American States Water Company is set at $60.4. This target means that the stock has an upside potential to increase by -17.7% from the current trading price.

34 institutions entered new American States Water Company (NYSE:AWR) positions, 140 added to their existing positions in these shares, 107 lowered their positions, and 21 exited their positions entirely.

American States Water Company (AWR) trade volume has decreased by -34% as around 102,292 shares were sold when compared with its 50-day average volume of traded shares which is 154,998. At the moment, AWR is witnessing a uptrend, as it is trading 3.4% above its 20-day SMA, 3.88% above its 50-day SMA, and 11.67% above its 200-day SMA. The company runs an ROE of roughly 11.9%, with financial analysts predicting that their earnings per share growth will be around 6% per annum for the next five year. This will be compared to the 1.3% increase witnessed over the past five years.

The first technical resistance point for American States Water Company (NYSE:AWR) will likely come at $73.72, marking a 0.45% premium to the current level. The second resistance point is at $74.05, about 0.89% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $72.59, the lower end of the range. AWR’s 14-day MACD is 1.25 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 65.64, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 13.19 percent, which is low when compared to that of the 50-day’s 14.42 percent.

The shares of The Madison Square Garden Company (NYSE:MSG) has increased by 0.66%, and now trading at $303.42 on the Wall Street in the intra-day deal, with their shares traded now around 108,770. This is a decline of -29,316 shares over the average 138,086 shares that were traded daily over the last three months. The stock that is trading at $303.42 went higher by 26.25% from its 52-week low of $240.33 that it attained back on 2018-12-24. The stock recorded a 52-week high of $330 nearly 316 days ago on 2018-07-09.

MSG stock hasn’t performed well over the past 30 days, as it lost -1.55% while its price climbed by 13.34% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 0.38% over the last week. The stock’s 12-month potential target price is now at $358.29. This means that the stock price might likely increase by 18.08% from its current trading price. 6 out of 7 Wall Street analysts which represents 85.71% rated the stock as a buy while the remaining 14.29% rated it as a hold, with 0% of analysts rating it as a sell.

The Madison Square Garden Company (NYSE:MSG) has been utilizing an ROE that is roughly 1.5%, with stock analysts predicting that the company’s EPS for the next five years will go up by 20.6% per year, following the 20.1% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -0.68% below its 20-day SMA, 1.02% above its 50-day SMA, and 5% above its 200-day SMA. In percentage terms, the aggregate The Madison Square Garden Company shares held by institutional investors is 92.2%. 63 institutions jumped in to acquire The Madison Square Garden Company (MSG) fresh stake, 167 added to their current holdings in these shares, 141 lowered their positions, and 31 left no stake in the company.

The stock’s 9-day MACD is 2.14 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 49.95, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 19.11 percent, which is more when compared to that of the 50-day’s 16.39 percent. On the daily chart, we see that the stock could reach the first level of resistance at $305.78, sporting a 0.77% premium to the current level. The next resistance point is at $308.15, representing nearly 1.53% premium to the current market price of The Madison Square Garden Company (MSG). On the other hand, failure to breach the immediate hurdles can drag it down to $295.66, the lower end of the range.

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