Valued at a market cap of $24.3 billion, American Water Works Company, Inc. (AWK) is a Camden, New Jersey-based company that offers water and wastewater services on military installations, and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services.
This water utility company has considerably underperformed the broader market over the past 52 weeks. Shares of AWK have declined 12.4% over this time frame, while the broader S&P 500 Index ($SPX) has soared 26.6%. Moreover, on a YTD basis, the stock is down 4.3%, compared to SPX’s 8.1% rise.
