ARTNA
Artesian Resources Corporation Utilities - Utilities - Regulated Water Investor Relations →
Artesian Resources Corporation (ARTNA) closed at $32.31 as of 2026-02-02, trading 16.7% below its 200-week moving average of $38.78. This places ARTNA in the extreme value zone. The stock is currently moving closer to the line, down from -14.1% last week. The 14-week RSI sits at 52, indicating neutral momentum.
Over the past 1610 weeks of data, ARTNA has crossed below its 200-week moving average 10 times. On average, these episodes lasted 20 weeks. Historically, investors who bought ARTNA at the start of these episodes saw an average one-year return of +9.5%.
With a market cap of $334 million, ARTNA is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 9.2%. The stock trades at 1.3x book value.
Share count has increased 9.4% over three years, indicating dilution.
Over the past 30.9 years, a hypothetical investment of $100 in ARTNA would have grown to $1675, compared to $2293 for the S&P 500. ARTNA has returned 9.5% annualized vs 10.7% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: ARTNA vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ARTNA Crosses Below the Line?
Across 10 historical episodes, buying ARTNA when it crossed below its 200-week moving average produced an average return of +4.6% after 12 months (median +12.0%), compared to +19.2% for the S&P 500 over the same periods. 60% of those episodes were profitable after one year. After 24 months, the average return was +19.8% vs +31.1% for the index.
Each line shows $100 invested at the moment ARTNA crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ARTNA has crossed below its 200-week MA 10 times with an average 1-year return of +9.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2008 | Mar 2008 | 2 | 0.3% | -21.5% | +223.7% |
| Jun 2008 | Jul 2009 | 55 | 23.4% | -4.3% | +221.5% |
| Aug 2009 | Aug 2009 | 2 | 3.7% | +13.3% | +228.8% |
| Oct 2009 | Nov 2009 | 7 | 3.4% | +21.5% | +229.3% |
| Mar 2020 | Mar 2020 | 2 | 4.0% | +28.9% | +12.6% |
| Apr 2020 | Apr 2020 | 1 | 0.5% | +21.6% | +11.5% |
| May 2020 | May 2020 | 2 | 3.9% | +23.9% | +15.2% |
| Sep 2020 | Sep 2020 | 3 | 2.5% | +12.3% | +10.4% |
| Sep 2023 | Nov 2023 | 8 | 5.9% | -10.0% | -16.9% |
| Dec 2023 | Ongoing | 113+ | 28.8% | Ongoing | -17.1% |
| Average | 20 | — | +9.5% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02