Shares of water utilities company California Water Service Group (CWT) are down 5 percent on Tuesday's trading despite there being no company announcement to drive down the stock.
In April, the San Jose, California-headquartered company had posted first-quarter net loss of $20.3 million or $0.42 per share, wider than $7.6 million or $0.16 per share in the same period last year.
Quarterly revenues declined to $125.6 million from $126.1 million a year ago. The stock is currently trading at $2.99, down 5 percent on the NYSE.
CWT has traded between $41.19 and $61.98 during the past 52 weeks.
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.