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

United Utilities Group PLC (OTCMKTS:UUGRYGet Free Report) shares saw an uptick in trading volume on Thursday . Approximately 18,312 shares changed hands during mid-day trading, a decline of 40% from the previous session’s volume of 30,361 shares.The stock last traded at $38.40 and had previously closed at $39.13.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on UUGRY shares. Citigroup lowered shares of United Utilities Group from a “buy” rating to a “neutral” rating in a research report on Friday, May 1st. BNP Paribas Exane initiated coverage on United Utilities Group in a research report on Monday, June 29th. They set an “outperform” rating on the stock. Royal Bank Of Canada restated a “sector perform” rating on shares of United Utilities Group in a research note on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of United Utilities Group in a report on Monday, June 8th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

Check Out Our Latest Research Report on UUGRY

United Utilities Group Trading Down 1.3%

The business’s fifty day moving average price is $36.79 and its 200 day moving average price is $36.32.

United Utilities Group Company Profile

(Get Free Report)

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.

Further Reading

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