Trade Artesian Resources Corp - ARTNA CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.29
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.02224 %(-$4.45)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02224%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position0.00001 %($0.00)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: 0.00001%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02224 %
  (-$4.45)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.00001 %
  ($0.00)

Key Stats

• Prev. Close: 33.02
• Open: 32.84
• 1-Year Change: -0.45%
• Day's Range: 32.84 - 33.52

Trade Artesian Resources Corp - ARTNA

About Artesian Resources Corporation

Artesian Resources Corporation is a holding company. The Company through its subsidiaries offers water, wastewater and other services in Delaware, Maryland and Pennsylvania. The Company distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal and utility customers in the states of Delaware, Maryland and Pennsylvania. The Company provides wastewater services to customers in Delaware. In addition, It provides contract water and wastewater operations, and water, sewer and internal Service Line Protection Plans. The Company operates through its subsidiaries, Artesian Water Company, Inc., Artesian Water Pennsylvania, Inc., Artesian Water Maryland, Inc., Artesian Wastewater Management, Inc., Artesian Wastewater Maryland, Inc., Artesian Utility Development, Inc., Artesian Development Corporation and Artesian Storm Water Services, Inc.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Artesian Resources Corporation revenues increased 3% to $90.9M. Net income remained flat at $16.8M. Revenues reflect Water Sales increase of 2% to $77.8M, Non-utility operating revenue increase of 14% to $5.8M, Other utility operating revenue increase of 10% to $7.2M. Net income reflects Miscellaneous increase of 34% to $1.3M (income), Interest Charges remaining flat at $7.6M (expense).

Equity composition

Class A Common, non-voting, $1 Par, 05/11, 15M auth., 6,785,786 issd. Insiders own 4.59%. PO5/02, 500K shares @ $32 by Janney Montgomery Scott LLC. Class B Common $1 Par, 1,040,000 auth., 881,452 issd. Insiders own 70.58%. PO: N/A. 12/01, B/S shares = wtd. avg. shares. 07/06 & 07/03, 3-for-2 stock split on both classes.