United Utilities Group (OTCMKTS:UUGRY) Sets New 1-Year High – Time to Buy?

Shares of United Utilities Group PLC (OTCMKTS:UUGRY) reached a new 52-week high on Tuesday . The stock traded as high as $37.21 and last traded at $37.0950, with a volume of 11040 shares traded. The stock had previously closed at $36.3750.

Analyst Ratings Changes

UUGRY has been the topic of several research reports. Zacks Research downgraded shares of United Utilities Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Citigroup reissued a “buy” rating on shares of United Utilities Group in a report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, United Utilities Group currently has an average rating of “Moderate Buy”.

United Utilities Group Trading Up 1.4%

The company has a debt-to-equity ratio of 5.50, a current ratio of 2.22 and a quick ratio of 2.21. The business’s 50 day moving average is $33.60 and its 200-day moving average is $32.12.

About United Utilities Group

United Utilities Group (OTCMKTS:UUGRY) is a leading regulated water and wastewater services provider in the United Kingdom, serving more than seven million residents and businesses across North West England. Headquartered in Warrington, the company manages an integrated network of treatment works, reservoirs, pumping stations and more than 26,000 kilometres of water mains. Through its regulated arm, it supplies potable water and collects, transports and treats wastewater, ensuring compliance with environmental and public health standards set by Ofwat and the Environment Agency.

In addition to its core water and wastewater operations, United Utilities has expanded into related services including flood risk management, environmental consultancy and renewable energy generation.