CWT traded at 51.34 this Thursday July 16th, increasing 1.61 or 3.24 percent since the previous trading session. Looking back, over the last four weeks, CWT gained 13.16 percent. Over the last 12 months, its price rose by 9.84 percent. Looking ahead, we forecast CWT to be priced at 48.48 by the end of this quarter and at 45.97 in one year, according to Trading Economics global macro models projections and analysts expectations.
California Water Service Group is a holding company. The Company, through its subsidiaries, California Water Service Company (Cal Water), Washington Water Service Company (Washington Water), New Mexico Water Service Company (New Mexico Water), Hawaii Water Service Company, Inc. (Hawaii Water), TWSC, Inc. (Texas Water), CWS Utility Services and HWS Utility Services LLC provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The bulk of the business consists of the production, purchase, storage, treatment, testing, distribution and sale of water for domestic, industrial, public and irrigation uses, and for fire protection. In some areas, it provides wastewater collection and treatment services, including treatment which allows water recycling. The Company also provides non-regulated water-related services under agreements with municipalities and other private companies.