<div id="readability-page-1"><p>Global Water Resources, Inc. (NASDAQ:GWRS - Get Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $9.73 and traded as low as $8.61. Global Water Resources shares last traded at $8.68, with a volume of 155,500 shares changing hands.</p><div><p><span></span><span>Get <strong>Global Water Resources</strong> alerts:</span></p></div><h2>Analyst Ratings Changes</h2><p>Several equities research analysts recently weighed in on GWRS shares. Roth Capital  set a $15.00 target price on Global Water Resources in a research note on Monday, November 17th. Weiss Ratings  restated a &#34;hold (c-)&#34; rating on shares of Global Water Resources in a research report on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of Global Water Resources from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research report on Friday, October 3rd. One investment analyst  has rated the stock with a Hold rating,  According to MarketBeat, the stock presently has an average rating of &#34;Hold&#34; and a consensus price target of $15.00.</p><p><b>View Our Latest Report on Global Water Resources</b></p><h2>Global Water Resources Stock Performance</h2><p>The company has a market cap of $249.55 million, a PE ratio of 54.25 and a beta of 0.98. The stock has a 50 day simple moving average of $9.73 and a two-hundred day simple moving average of $9.96. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.18 and a quick ratio of 1.18. </p><p>Global Water Resources (NASDAQ:GWRS - Get Free Report) last announced its earnings results on Wednesday, November 12th. The utilities provider reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.09 by ($0.02). The business had revenue of $15.52 million during the quarter, compared to analyst estimates of $15.20 million. Global Water Resources had a net margin of 7.87% and a return on equity of 6.84%.  Equities analysts predict that  Global Water Resources, Inc. will post 0.28 EPS for the current year. </p><h2>Global Water Resources Dividend Announcement</h2><p>The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 16th will be issued a $0.0253 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Tuesday, December 16th. Global Water Resources's dividend payout ratio  is presently 187.50%. </p><h2>Insider Activity</h2><p>In related news, Director Andrew M. Cohn purchased 154,026 shares of the stock in a transaction that occurred on Tuesday, September 30th. The shares were purchased at an average price of $10.30 per share, with a total value of $1,586,467.80. Following the completion of the acquisition, the director directly owned 2,540,908 shares in the company, valued at $26,171,352.40. This represents a 6.45% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 54.30% of the stock is currently owned by corporate insiders. </p><h2>Institutional Inflows and Outflows</h2><p>Several hedge funds and other institutional investors have recently modified their holdings of the stock. Allworth Financial LP raised its holdings in  Global Water Resources by 75,025.0% during the third quarter. Allworth Financial LP now owns 3,005 shares of the utilities provider's stock worth $31,000 after purchasing an additional 3,001 shares in the last quarter.  Penn Capital Management Company LLC raised its stake in shares of  Global Water Resources by 37.7% during the 3rd quarter. Penn Capital Management Company LLC now owns 177,978 shares of the utilities provider's stock worth $1,833,000 after buying an additional 48,739 shares in the last quarter.  Focus Partners Wealth acquired a new stake in shares of  Global Water Resources in the 3rd quarter valued at approximately $262,000.  Alliancebernstein L.P. lifted its holdings in shares of  Global Water Resources by 16.5% in the 3rd quarter. Alliancebernstein L.P. now owns 13,440 shares of the utilities provider's stock valued at $138,000 after buying an additional 1,900 shares during the period.  Finally, BNP Paribas Financial Markets boosted its stake in shares of  Global Water Resources by 120.9% in the third quarter. BNP Paribas Financial Markets now owns 4,753 shares of the utilities provider's stock valued at $49,000 after buying an additional 2,601 shares in the last quarter. 27.91% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>About Global Water Resources</h2> (Get Free Report)<p>Global Water Resources, Inc, a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water systems primarily in metropolitan Phoenix and Tucson, Arizona. It serves approximately 82,000 people in approximately 32,000 homes. The company was founded in 2003 and is based in Phoenix, Arizona.</p><h2>See Also</h2><ul><li>Five stocks we like better than Global Water Resources</li><li>Stock Market Holidays 2022-2025 - Here’s When the NYSE and NASDAQ Will be Closed</li><li>Rocket Lab’s Big Rebound? Analysts Suggest the Dip's a Gift</li><li>Stock Trading Terms - Stock Terms Every Investor Needs to Know</li><li>Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish</li><li>3 Natural Gas Stocks That Offer Great Dividend Yields</li><li>Snowflake Stock: The Dip That Smart Investors Are Buying Right Now</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Global Water Resources Right Now?</h2><p>Before you consider Global Water Resources, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Global Water Resources wasn't on the list.</p><p>While Global Water Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GWRS

<p>Global Water Resources (NASDAQ:GWRS) shares fell below their 50-day moving average, trading as low as $8.61. The stock has a consensus price target of $15.00 and an average rating of "Hold." The company reported lower-than-expected earnings and announced a monthly dividend. Insider and institutional activities show significant stock purchases and holdings adjustments. Global Water Resources manages water systems in Arizona, serving 82,000 people.</p>

Global Water Resources (NASDAQ:GWRS) Stock Passes Below Fifty Day Moving Average - Here's What Happened