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

United Utilities Group PLC (LON:UU)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,158.79 and traded as high as GBX 1,213. United Utilities Group shares last traded at GBX 1,203, with a volume of 2,474,774 shares trading hands.

Analyst Upgrades and Downgrades

UU has been the subject of a number of recent analyst reports. Citigroup raised their price objective on United Utilities Group from GBX 1,261 to GBX 1,327 and gave the stock a “buy” rating in a research report on Monday, November 3rd. UBS Group reaffirmed a “neutral” rating and set a GBX 1,275 target price on shares of United Utilities Group in a research note on Friday, November 7th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,379.

United Utilities Group Price Performance

The stock has a 50 day moving average price of GBX 1,200.42 and a two-hundred day moving average price of GBX 1,158.89. The company has a debt-to-equity ratio of 551.89, a current ratio of 1.79 and a quick ratio of 1.13. The firm has a market capitalization of £8.14 billion, a price-to-earnings ratio of 64.13, a PEG ratio of 0.69 and a beta of 0.41.

United Utilities Group (LON:UU) last announced its earnings results on Thursday, November 13th. The company reported GBX 52.80 EPS for the quarter. United Utilities Group had a return on equity of 6.35% and a net margin of 6.51%. As a group, analysts expect that United Utilities Group PLC will post 50.9730539 EPS for the current year.

Insider Buying and Selling at United Utilities Group

In related news, insider Phil Aspin sold 23,367 shares of United Utilities Group stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of GBX 1,233, for a total value of £288,115.11. Insiders have purchased a total of 60 shares of company stock valued at $69,746 in the last ninety days. Insiders own 0.05% of the company’s stock.

About United Utilities Group

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.