United Utilities Group (OTCMKTS:UUGRY) Stock Price Up 1% – Here’s What Happened

Shares of United Utilities Group PLC (OTCMKTS:UUGRY) rose 1% during mid-day trading on Monday . The stock traded as high as $29.95 and last traded at $29.81. Approximately 31,918 shares were traded during trading, a decline of 64% from the average daily volume of 88,605 shares. The stock had previously closed at $29.52.

Wall Street Analysts Forecast Growth

UUGRY has been the subject of several recent research reports. UBS Group lowered shares of United Utilities Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 29th. Royal Bank Of Canada cut United Utilities Group from a “moderate buy” rating to a “hold” rating in a research report on Friday, June 20th.

United Utilities Group Price Performance

The stock has a fifty day simple moving average of $30.63 and a 200 day simple moving average of $27.53. 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 Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, August 8th. Shareholders of record on Monday, June 23rd will be issued a $0.8506 dividend. This is a positive change from United Utilities Group’s previous dividend of $0.44. The ex-dividend date is Friday, June 20th. This represents a dividend yield of 3.94%.

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.