United Utilities Group (OTCMKTS:UUGRY) Stock Rating Lowered by Royal Bank Of Canada

United Utilities Group (OTCMKTS:UUGRY) was downgraded by investment analysts at Royal Bank Of Canada from a “moderate buy” rating to a “hold” rating in a research note issued to investors on Friday,Zacks.com reports.

Separately, UBS Group lowered United Utilities Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 29th.

United Utilities Group Trading Down 4.0%

Shares of UUGRY opened at $30.28 on Friday. The stock has a 50 day simple moving average of $30.25 and a two-hundred day simple moving average of $27.14. The company has a quick ratio of 1.91, a current ratio of 1.94 and a debt-to-equity ratio of 5.16. United Utilities Group has a 1 year low of $22.73 and a 1 year high of $32.03.

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.