Manila Water Company, Inc. (MWC) Stock Price
₱26.00
The stock price of MWC today is ₱26.00, based on the most recent trading session. MWC share price increased by 1.17% (see other notable gainers), with a trading volume of 1,101,000 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 | 3.17% | ₱25.97 | ₱26.15 | ₱25.70 | 647,020 shares | ₱16.76 Million |
1 Month | -4.24% | ₱26.02 | ₱27.50 | ₱25.20 | 1,028,505 shares | ₱26.68 Million |
3 Months | -3.35% | ₱26.39 | ₱28.40 | ₱25.00 | 2,064,178 shares | ₱55.15 Million |
6 Months | -3.7% | ₱26.64 | ₱29.65 | ₱25.00 | 1,801,571 shares | ₱48.36 Million |
YTD | 42.23% | ₱24.48 | ₱29.65 | ₱17.62 | 2,167,748 shares | ₱52.14 Million |
1 Year | 41.3% | ₱24.38 | ₱29.65 | ₱17.62 | 2,140,107 shares | ₱51.44 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.