United Utilities Group PLC (OTCMKTS:UUGRY) Short Interest Update

United Utilities Group PLC (OTCMKTS:UUGRY – Get Rating) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 2,200 shares, a drop of 70.7% from the March 15th total of 7,500 shares. Based on an average daily volume of 246,800 shares, the short-interest ratio is presently 0.0 days.

A number of brokerages have recently issued reports on UUGRY. Morgan Stanley increased their price target on shares of United Utilities Group from GBX 950 ($12.38) to GBX 980 ($12.77) in a report on Thursday, February 17th. Jefferies Financial Group lowered United Utilities Group from a “buy” rating to a “hold” rating in a research report on Tuesday, February 22nd. Finally, Zacks Investment Research upgraded shares of United Utilities Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 26th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $980.00.

Shares of UUGRY opened at $29.50 on Wednesday. The company has a debt-to-equity ratio of 2.87, a current ratio of 0.90 and a quick ratio of 0.88. The company’s 50-day moving average is $28.57 and its 200-day moving average is $28.58. United Utilities Group has a fifty-two week low of $26.26 and a fifty-two week high of $31.14.

United Utilities Group Company Profile (Get Rating)

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is also involved in renewable energy generation, corporate trustee, financing, and property management activities; and the provision of waste treatment, consulting, and project management services. The company operates 42,000 kilometers of water pipes; 78,000 km of wastewater pipes; 567 wastewater treatment works; and 88 water treatment works.

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