United Utilities Group (LON:UU) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

United Utilities Group PLC (LON:UU)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,333.78 and traded as high as GBX 1,443. United Utilities Group shares last traded at GBX 1,436, with a volume of 1,338,034 shares.

Wall Street Analyst Weigh In

UU has been the subject of a number of research analyst reports. Citigroup cut their target price on shares of United Utilities Group from £152.50 to GBX 1,340 and set a “neutral” rating for the company in a research note on Tuesday, June 16th. Royal Bank Of Canada raised United Utilities Group to a “sector perform” rating and raised their price target for the company from GBX 1,450 to GBX 1,550 in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on United Utilities Group from GBX 1,450 to GBX 1,550 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Finally, Jefferies Financial Group boosted their price objective on United Utilities Group from GBX 1,320 to GBX 1,350 and gave the stock a “hold” rating in a research note on Monday, August 3rd. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, United Utilities Group currently has an average rating of “Hold” and a consensus target price of GBX 1,435.71.

United Utilities Group Price Performance

The stock’s 50-day moving average price is GBX 1,341.88 and its 200-day moving average price is GBX 1,335.21. The company has a market capitalization of £9.65 billion, a price-to-earnings ratio of 76.05, a price-to-earnings-growth ratio of 0.69 and a beta of 0.58. The company has a quick ratio of 1.13, a current ratio of 2.55 and a debt-to-equity ratio of 512.65.

Insiders Place Their Bets

In other United Utilities Group news, insider Phil Aspin sold 24,566 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of GBX 1,306, for a total transaction of £320,831.96. 0.05% of the stock is owned by company insiders.

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.