United Utilities Group (LON:UU) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

United Utilities Group PLC (LON:UU) crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 1,366.93 and traded as high as GBX 1,495. United Utilities Group shares last traded at GBX 1,495, with a volume of 1,635,010 shares.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised their price objective on shares of United Utilities Group from GBX 1,320 to GBX 1,350 and gave the company a “hold” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of GBX 1,419.17.

United Utilities Group Price Performance

The company has a 50-day simple moving average of GBX 1,401.84 and a 200-day simple moving average of GBX 1,368.02. The stock has a market cap of £10.21 billion, a PE ratio of 80.43, a PEG ratio of 0.69 and a beta of 0.58. The company has a debt-to-equity ratio of 512.65, a current ratio of 2.55 and a quick ratio of 1.13.

United Utilities Group Company Profile

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 43,000 kilometers of water pipes; and 79,000 kilometers of wastewater pipes. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.