Is Middlesex Water Company's (NASDAQ:MSEX) Recent Performance Underpinned By Weak Financials?

By Yahoo! Finance   |   3 days ago
Is Middlesex Water Company's (NASDAQ:MSEX) Recent Performance Underpinned By Weak Financials?

Middlesex Water's stock has dropped 20% recently, but its Return on Equity (ROE) is at 9.3%, reflecting average industry performance. However, its flat net income growth and lower industry growth suggest caution for investors.

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