United Utilities Group PLC (OTCMKTS:UUGRY – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 32,900 shares, an increase of 81.8% from the September 30th total of 18,100 shares. Based on an average trading volume of 33,600 shares, the days-to-cover ratio is currently 1.0 days. Based on an average trading volume of 33,600 shares, the days-to-cover ratio is currently 1.0 days.
United Utilities Group Stock Performance
United Utilities Group stock opened at $31.56 on Monday. The firm’s fifty day simple moving average is $31.16 and its 200-day simple moving average is $30.68. The company has a debt-to-equity ratio of 5.16, a quick ratio of 1.91 and a current ratio of 1.94. United Utilities Group has a 1-year low of $22.73 and a 1-year high of $32.73.
Wall Street Analyst Weigh In
UUGRY has been the subject of several research analyst reports. Morgan Stanley restated an “overweight” rating on shares of United Utilities Group in a research report on Friday, August 29th. Zacks Research upgraded shares of United Utilities Group from a “strong sell” rating to a “hold” rating in a research report on Monday, September 22nd. Finally, Barclays upgraded shares of United Utilities Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 20th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.
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.
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