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Can Middlesex Water Company's (NASDAQ:MSEX) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

By Yahoo! Finance   |   Jul 11, 2024 at 10:52 AM EST
Can Middlesex Water Company's (NASDAQ:MSEX) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

Middlesex Water's stock has risen 14% in 3 months, but concerns arise due to weak financials. The focus is on Return on Equity (ROE) which stands at 8.5%, below industry average.

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