United Utilities Group (LON:UU) Shares Cross Above 200 Day Moving Average – Here’s Why

United Utilities Group PLC (LON:UU)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,174.76 and traded as high as GBX 1,256. United Utilities Group shares last traded at GBX 1,247, with a volume of 2,357,262 shares trading hands.

Analyst Upgrades and Downgrades

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

United Utilities Group Stock Up 0.1%

The business’s 50 day moving average is GBX 1,207.40 and its 200-day moving average is GBX 1,174.76. The firm has a market capitalization of £8.55 billion, a price-to-earnings ratio of 67.36, a price-to-earnings-growth ratio of 0.69 and a beta of 0.41. The company has a debt-to-equity ratio of 551.89, a quick ratio of 1.13 and a current ratio of 1.79.

United Utilities Group (LON:UU) last issued its quarterly earnings results on Thursday, November 13th. The company reported GBX 52.80 EPS for the quarter. United Utilities Group had a return on equity of 6.35% and a net margin of 6.51%. Equities analysts anticipate that United Utilities Group PLC will post 50.9730539 EPS for the current fiscal 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 on Tuesday, December 2nd. The shares were sold at an average price of GBX 1,233, for a total value of £288,115.11. 0.05% of the stock is owned by company insiders.

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