GLOBAL WATER RESOURCES (GWR) Stocks
ABOUT GLOBAL WATER RESOURCES
Global Water Resources Inc. is a water resource management company. The company use Total Water Management to promote sustainable communities in areas where it expects growth to outpace the existing potable water supply. It headquarters in Phoenix, Arizona and has approximately 50 employees.
Global Water Resources Inc. started in 2003. It bought Santa Cruz Water Company and Palo Verde Utilities Company in 2004. In 2006, the company bought Water Utility of Greater Tonopah that provides water service in Maricopa County. It also bought Balterra Sewer, which is a wastewater utility and has a service area in western Maricopa County, and Water Utility of Northern Scottsdale. In the same year, it formed Hassayampa Utility Company and Picacho Cove Water Company and Global Water.
The company bought Eagletail Water Company in 2017. It provides water service to customers in Maricopa County, west of the Hassayampa River. Global bought Turner Ranches in 2018, as well as Red Rock Utilities in 2018.
OVERVIEW OF GLOBAL WATER RESOURCES
Global Water Resources Inc. is a water resource management company. The company owns, operates and manages water, wastewater and recycled water utilities in strategically located communities, principally in metropolitan Phoenix, Arizona. It focuses on the issues of water supply and scarcity, and applies principles of water conservation through water reclamation and reuse.
From 2018, the company owned nine water and wastewater utilities, served over 50 000 people in approximately 20 000 homes within its 332 square miles of certificated service areas.
Global Water Resources Inc. is creating renewable water systems where wastewater from homes is treated and used again for various outdoor applications.
VISION & VALUES OF GLOBAL WATER RESOURCES
- Global Water Resources Inc.’s mission is to develop industry-leading, integrated water and wastewater utilities focused on conservation and reuse; allowing its customers, the company, and shareholders to realize the benefits of consolidation, regionalization and environmental stewardship.
- The company’s vision is to grow enduring utilities whose professional staff focuses on quality in customer service, excellence in water resource delivery, and the management of water scarcity through innovation in water recycling and technologies.
- The company believes that water is a scarce commodity that must be conserved and managed. Recycled water is a renewable resource that must be used to the benefit of its customers and the environment.
- Compliance with all regulatory structures is paramount and is in the public interest. It requires a partnership with its customers that generate water conserving behavioral changes. Shareholders who purchase company shares can rest assured of superior value.
MARKET PERFORMANCE OF GLOBAL WATER RESOURCES
Global Water Resources Inc. trades on Toronto Stock Securities Exchange (TSX) and lists under the stock symbol GWR. The company forms part of the TSX 500.
Regulated revenues in the third quarter of 2019 increases US Dollar 0.9 million, or 10.5%, to US Dollar 9.9 million. Net income increases US Dollar 0.4 million, or 65.4%, to US Dollar 1.0 million, or US Dollar 0.05 per share. Adjusted EBITDA increases US Dollar 0.7 million, or 15.8%, to US Dollar 4.8 million.
The Board declares three monthly cash dividends of US Dollar 0.023861 per common share (or US Dollar 0.286332 per share on an annualized basis).
Buy GLOBAL WATER RESOURCES stocks / shares – A Step by Step Guide how to Buy / Purchase GLOBAL WATER RESOURCES Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy GLOBAL WATER RESOURCES Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN GLOBAL WATER RESOURCES STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE GLOBAL WATER RESOURCES STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of GLOBAL WATER RESOURCES stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy GLOBAL WATER RESOURCES stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?