Water Stocks Watchlist: AQUA, ECL, DHR, AWK
Water is essential to life, and while we usually take it for granted, it is a precious commodity with a limited supply. Population growth, pollution, and climate change are leading to shortages of clean and accessible freshwater. Here are ETFs which hold waste water stocks.
Evoqua Water Technologies Corp. (NYSE:AQUA) stock continues to trade in a narrow range. On Monday, the stock went down 3.45% to $47.03 with over 814K shares traded hands, compared to its average volume of 833K shares. Over the past 52-week, the stock has been moving in a range of $22.00 – 49.38.
Ecolab Inc (NYSE:ECL) continues to trade in a narrow range and trading near a 52-week high. On Monday, the stock was down 0.14% to $234.54 with over 756k shares traded hands, compared to its average volume of 929k shares. Over the past 52-week, it has been moving in a range of $201.15 – 238.93. The stock is trading above 16% from its 52-week low and 1% away from its 52-week high.
Danaher Corporation (NYSE:DHR) stock continues to gain and moved up 41% so far this year. On Monday, the stock was down 0.13% to $313.73 with over 2.11 million shares traded hands, compared to its average volume of 2.27 million shares. Over the past 52-week, it has been moving in a range of $211.22 – 333.96.
American Water Works Company, Inc. (NYSE:AWK) stock continues to gain and moved up 13% so far this year. On Monday, the stock was up 0.69% to $174.57 with over 638k shares traded hands, compared to its average volume of 684k shares. Over the past 52-week, the stock has been moving in a range of $131.01 – 189.35.
LifeQuest World Corp (OTCMKTS:LQWC): Investors who believe water is the next gold should take a close look at LifeQuest World Corp. (OTCMKTS: LQWC). This is a Green company in the lucrative $200 billion wastewater treatment business globally. It cleans dirty water for non-drinking reuse, for agriculture, water forestry and industry. Next it’s looking at producing clean drinking water. It already has five JVs and is looking for more. LQWC is operating in India with pilot programs and government projects. India has allocated $2 billion for future clean water development. The company expects to be profitable in 2022.