United Utilities Group (OTCMKTS:UUGRY) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

United Utilities Group PLC (OTCMKTS:UUGRY)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $31.65 and traded as high as $34.86. United Utilities Group shares last traded at $34.80, with a volume of 12,530 shares traded.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Zacks Research raised United Utilities Group from a “hold” rating to a “strong-buy” rating in a report on Monday, December 29th. Citigroup reissued a “buy” rating on shares of United Utilities Group in a research report on Monday, November 3rd. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy”.

United Utilities Group Stock Up 0.6%

The company has a quick ratio of 2.21, a current ratio of 2.22 and a debt-to-equity ratio of 5.50. The stock’s fifty day moving average price is $32.67 and its 200-day moving average price is $31.65.

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.