Consolidated Water (NASDAQ:CWCO) Shares Gap Up to $30.06

Consolidated Water Co. Ltd. (NASDAQ:CWCO)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $30.06, but opened at $32.00. Consolidated Water shares last traded at $32.22, with a volume of 202,025 shares changing hands.

Consolidated Water Stock Down 2.8 %

The firm’s fifty day moving average is $30.17 and its 200 day moving average is $31.73.

Consolidated Water Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 1st will be issued a $0.095 dividend. The ex-dividend date is Thursday, March 28th. This represents a $0.38 annualized dividend and a yield of 1.30%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Money Concepts Capital Corp bought a new stake in shares of Consolidated Water in the 4th quarter worth approximately $28,000. Thompson Siegel & Walmsley LLC bought a new position in shares of Consolidated Water during the 3rd quarter worth approximately $29,000. Ameritas Investment Partners Inc. bought a new position in shares of Consolidated Water during the 2nd quarter worth approximately $30,000. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of Consolidated Water during the 2nd quarter worth approximately $36,000. Finally, Creekmur Asset Management LLC bought a new position in shares of Consolidated Water during the 4th quarter worth approximately $45,000. Institutional investors and hedge funds own 55.16% of the company’s stock.

About Consolidated Water

Consolidated Water Co Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.