United Utilities Group (OTCMKTS:UUGRY) Sees Unusually-High Trading Volume – Here’s Why

United Utilities Group PLC (OTCMKTS:UUGRY) saw an uptick in trading volume on Tuesday . 39,865 shares were traded during mid-day trading, an increase of 162% from the previous session’s volume of 15,232 shares.The stock last traded at $37.1150 and had previously closed at $37.08.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on UUGRY. Citigroup reiterated a “buy” rating on shares of United Utilities Group in a research note on Monday, November 3rd. 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. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

United Utilities Group Stock Down 0.5%

The business’s fifty day moving average price is $33.10 and its 200 day moving average price is $31.91. The company has a current ratio of 2.22, a quick ratio of 2.21 and a debt-to-equity ratio of 5.50.

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.