Consolidated Water (CWCO) Sinks Following Negative Barron's Article
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Price: $28.96 +3.35%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2%
Revenue Growth %: -6.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2%
Revenue Growth %: -6.9%
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Shares of Consolidated Water (Nasdaq: CWCO) are under pressure this morning following a negative article from Barron's this weekend.
The article said a dispute with the government of the British Virgin Islands could cut the company's 2008 earnings by about one-third below the $1 per share analysts are looking for.
The article said the stock's valuation suggests continued growth, not declines.
Consolidated Water is down 22% this AM.
The article said a dispute with the government of the British Virgin Islands could cut the company's 2008 earnings by about one-third below the $1 per share analysts are looking for.
The article said the stock's valuation suggests continued growth, not declines.
Consolidated Water is down 22% this AM.
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