United Utilities Group (LON:UU) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

United Utilities Group PLC (LON:UU) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,159.95 and traded as high as GBX 1,188. United Utilities Group shares last traded at GBX 1,188, with a volume of 325,235 shares traded.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on UU shares. UBS Group reiterated a “neutral” rating and issued a GBX 1,275 price target on shares of United Utilities Group in a report on Friday, November 7th. Citigroup lifted their price objective on United Utilities Group from GBX 1,261 to GBX 1,327 and gave the company a “buy” rating in a research report on Monday, November 3rd. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,379.

United Utilities Group Stock Up 1.3%

The company has a debt-to-equity ratio of 551.89, a quick ratio of 1.13 and a current ratio of 1.79. The firm has a market cap of £8.24 billion, a PE ratio of 64.94, a PEG ratio of 0.69 and a beta of 0.41. The stock has a fifty day moving average price of GBX 1,199.74 and a 200-day moving average price of GBX 1,159.95.

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

Insider Transactions at United Utilities Group

In other United Utilities Group news, insider Phil Aspin sold 23,367 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of GBX 1,233, for a total transaction of £288,115.11. In the last three months, insiders acquired 60 shares of company stock valued at $69,746. 0.05% of the stock is currently owned by corporate insiders.

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. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.