Artesian Resources Corporation
ARTNAUtilitiesNASDAQUtilities - Regulated Water · Last scanned Sep 8, 2026
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Daily timeframePart of the utilities sector, Artesian Resources Corporation (ARTNA) is listed under Utilities - Regulated Water. The company carries a $373.7M market cap, placing it firmly in the small-cap category. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection; and offers wastewater collection, treatment infrastructure, and wastewater services to customers.
Market Cap
$373.7M
Beta
0.32
P/E (TTM)
15.87
P/E (Fwd)
17.32
EPS (TTM)
$2.28
EPS (Fwd)
$2.09
ROE
9.4%
ROA
2.7%
Cash
$9.8M
Total Debt
$185.5M
Free CF
-$18.5M
52W Change
9.2%
Annual Financials
Cash vs Debt
Where ARTNA stands vs its 150-day and 200-day moving averages
As of the September 2, 2026 close, ARTNA finished 8.98% above its 150-day moving average ($32.73) and 10.40% above its 200-day moving average ($32.31). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is ARTNA overbought or oversold?
At the September 2, 2026 close, ARTNA's RSI(14) was 63.2, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Artesian Resources Corporation carries $185.5M in total debt against $9.8M in cash reserves — debt is roughly 18.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$18.5M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 9.4% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.7% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $90.9M (2021) to $112.9M (2025), reflecting a 24% increase over the period.
The relatively low beta of 0.32 suggests ARTNA is a less volatile holding compared to the broader index. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Artesian Resources Corporation's trajectory.