United Utilities Group (OTCMKTS:UUGRY) Sees Unusually-High Trading Volume – Time to Buy?

United Utilities Group PLC (OTCMKTS:UUGRY) saw unusually-strong trading volume on Monday . Approximately 55,355 shares changed hands during trading, an increase of 97% from the previous session’s volume of 28,109 shares.The stock last traded at $34.94 and had previously closed at $35.55.

Analyst Ratings Changes

Several analysts have commented on UUGRY shares. Zacks Research lowered shares of United Utilities Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Royal Bank Of Canada reissued a “sector perform” rating on shares of United Utilities Group in a research report on Tuesday, May 5th. Kepler Capital Markets lowered shares of United Utilities Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. Citigroup lowered shares of United Utilities Group from a “buy” rating to a “neutral” rating in a research report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of United Utilities Group in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

United Utilities Group Stock Down 2.0%

The company has a debt-to-equity ratio of 5.50, a quick ratio of 2.21 and a current ratio of 2.22. The business’s 50-day simple moving average is $36.37 and its 200-day simple moving average is $34.66.

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.