MSEX
Middlesex Water Company Utilities - Utilities - Regulated Water Investor Relations →
Middlesex Water Company (MSEX) closed at $51.24 as of 2026-02-02, trading 20.5% below its 200-week moving average of $64.42. This places MSEX in the extreme value zone. The stock is currently moving closer to the line, down from -19.0% last week. The 14-week RSI sits at 36, indicating neutral momentum.
Over the past 2715 weeks of data, MSEX has crossed below its 200-week moving average 22 times. On average, these episodes lasted 22 weeks. Historically, investors who bought MSEX at the start of these episodes saw an average one-year return of +6.2%.
With a market cap of $940 million, MSEX is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 9.3%. The stock trades at 1.9x book value.
Share count has increased 2.1% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in MSEX would have grown to $1995, compared to $2849 for the S&P 500. MSEX has returned 9.4% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: MSEX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MSEX Crosses Below the Line?
Across 9 historical episodes, buying MSEX when it crossed below its 200-week moving average produced an average return of -7.0% after 12 months (median -13.0%), compared to +18.2% for the S&P 500 over the same periods. 44% of those episodes were profitable after one year. After 24 months, the average return was -3.2% vs +28.7% for the index.
Each line shows $100 invested at the moment MSEX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MSEX has crossed below its 200-week MA 22 times with an average 1-year return of +6.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 1974 | Mar 1974 | 5 | 9.0% | -12.5% | +14759.8% |
| Apr 1974 | Jan 1976 | 91 | 20.5% | -13.6% | +14004.3% |
| Mar 1976 | Jun 1976 | 13 | 0.9% | +44.4% | +15310.2% |
| Oct 1979 | Nov 1979 | 7 | 4.6% | -1.3% | +10995.3% |
| Jan 1980 | Apr 1982 | 118 | 26.1% | -18.4% | +10849.4% |
| Jun 1982 | Aug 1982 | 10 | 4.3% | +47.9% | +11620.4% |
| Oct 1989 | Oct 1989 | 1 | 0.9% | +3.3% | +3539.2% |
| Nov 1989 | Nov 1989 | 3 | 1.5% | +3.3% | +3539.2% |
| Apr 1990 | Apr 1990 | 1 | 1.6% | +12.8% | +3481.8% |
| Jul 1990 | Aug 1990 | 1 | 0.2% | +15.0% | +3414.6% |
| Sep 1990 | Nov 1990 | 9 | 2.6% | +23.5% | +3461.6% |
| Nov 1990 | Dec 1990 | 2 | 0.5% | +27.5% | +3409.6% |
| Jan 1991 | Jan 1991 | 1 | 1.1% | +31.8% | +3429.1% |
| Dec 2005 | Jan 2006 | 1 | 0.6% | +12.0% | +423.3% |
| Jun 2006 | Jun 2006 | 3 | 1.8% | +12.3% | +412.5% |
| Jun 2008 | Nov 2009 | 74 | 27.4% | -8.4% | +393.0% |
| Jun 2010 | Jun 2010 | 1 | 3.3% | +21.9% | +396.7% |
| Jul 2010 | Jul 2010 | 1 | 0.2% | +24.4% | +382.0% |
| Feb 2023 | Mar 2023 | 4 | 5.8% | -31.1% | -28.2% |
| Apr 2023 | May 2023 | 4 | 6.7% | -31.3% | -25.3% |
| Jun 2023 | Jul 2023 | 3 | 1.8% | -33.0% | -30.7% |
| Aug 2023 | Ongoing | 130+ | 40.3% | Ongoing | -31.4% |
| Average | 22 | — | +6.2% | — |
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