Manila Water Company, Inc. (MWC) Stock Price
₱27.15
The stock price of MWC today is ₱27.15, based on the most recent trading session. MWC share price increased by 2.45% (see other notable gainers), with a trading volume of 960,100 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 | 8.6% | ₱26.49 | ₱27.15 | ₱25.15 | 1,089,817 shares | ₱28.78 Million |
1 Month | 0.93% | ₱26.18 | ₱27.15 | ₱25.00 | 1,237,350 shares | ₱32.28 Million |
3 Months | 4.42% | ₱27.00 | ₱29.65 | ₱25.00 | 2,421,948 shares | ₱65.71 Million |
6 Months | 0.74% | ₱26.74 | ₱29.65 | ₱25.00 | 1,870,246 shares | ₱50.31 Million |
YTD | 48.52% | ₱24.34 | ₱29.65 | ₱17.62 | 2,276,183 shares | ₱54.57 Million |
1 Year | 57.85% | ₱23.73 | ₱29.65 | ₱17.20 | 2,156,442 shares | ₱51.10 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.