United Utilities Group (OTCMKTS:UUGRY) Reaches New 1-Year High – Should You Buy?

United Utilities Group PLC (OTCMKTS:UUGRY) hit a new 52-week high during trading on Thursday. The company traded as high as $40.6262 and last traded at $40.4050, with a volume of 89,379 shares. The stock had previously closed at $39.44.

Wall Street Analyst Weigh In

Separately, BNP Paribas Exane assumed coverage on shares of United Utilities Group in a research note on Monday, June 29th. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, United Utilities Group currently has a consensus rating of “Hold”.

United Utilities Group Trading Down 0.5%

The firm has a fifty day moving average price of $37.80 and a 200-day moving average price of $36.85.

About United Utilities Group

United Utilities Group plc is a United Kingdom-based water and wastewater services company. Through its regulated subsidiary, United Utilities Water Limited, the company provides clean water and wastewater collection, treatment and disposal services across the North West of England.

The company operates and maintains a large regional network of reservoirs, water-treatment works, pumping stations, sewer systems and wastewater-treatment facilities. Its activities also include managing water resources, maintaining and upgrading infrastructure, supporting environmental protection and delivering services to household, commercial and industrial customers.

United Utilities was formed in 1995 through the merger of North West Water and NORWEB.