Manila Water Company, Inc. (MWC) Stock Price
₱27.10
The stock price of MWC today is ₱27.10, based on the most recent trading session. MWC share price remained unchanged, with a trading volume of 478,500 shares.
The table below provides a snapshot of the stock's performance over various timeframes.
Period | % Change | Average Price | Highest Price | Lowest Price | Average Volume | Average Trade |
---|---|---|---|---|---|---|
7 Days | 2.65% | ₱27.03 | ₱27.30 | ₱26.50 | 992,050 shares | ₱26.63 Million |
1 Month | 4.84% | ₱26.85 | ₱27.30 | ₱25.85 | 760,033 shares | ₱20.44 Million |
3 Months | 4.23% | ₱26.28 | ₱27.50 | ₱25.00 | 1,010,251 shares | ₱26.44 Million |
6 Months | 2.65% | ₱26.65 | ₱29.65 | ₱25.00 | 1,770,852 shares | ₱47.57 Million |
YTD | 0.37% | ₱26.96 | ₱27.30 | ₱26.40 | 781,100 shares | ₱21.05 Million |
1 Year | 45.7% | ₱25.01 | ₱29.65 | ₱17.62 | 2,086,819 shares | ₱50.92 Million |
Manila Water Company, Inc. (MWC), incorporated on January 6, 1997, is a premier provider of water treatment, sewerage, and sanitation services, delivering reliable distribution and management services to residential, commercial, and industrial clients. Originally established as a joint venture among Ayala Corporation (AC), United Utilities Pacific Holdings, BV, and Mitsubishi Corporation, MWC became a wholly-owned subsidiary of Ayala Corporation in 2010.
On December 10, 2021, Republic Act No. 11601 was signed into law, granting MWC a franchise to establish, operate, and maintain a waterworks and sewerage system in the East Zone Service Area of Metro Manila and the Province of Rizal for a period of 25 years. This law solidifies MWC's status as a public utility, ensuring its commitment to providing essential services to its customers.
MWC’s wholly-owned subsidiaries include:
- Manila Water Philippine Ventures, Inc. (MWPV): A holding company overseeing MWC's domestic operations, including bulk water supply agreements in locations such as Clark, Cebu, Boracay, and Davao.
- Manila Water Asia Pacific Pte. Ltd. (MWAP): Responsible for MWC's international ventures in countries like Indonesia, Thailand, and Vietnam.
- Manila Water Total Solutions Corporation: Focused on after-the-meter products and services.
Additionally, MWC holds a 90% stake in Calasiao Water Company, Inc., further expanding its footprint in the water utility sector.