United Utilities Group (OTCMKTS:UUGRY) Cut to Hold at Zacks Research

Zacks Research lowered shares of United Utilities Group (OTCMKTS:UUGRY) from a strong-buy rating to a hold rating in a report issued on Tuesday morning,Zacks.com reports.

Separately, Citigroup reaffirmed a “buy” rating on shares of United Utilities Group in a research report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, United Utilities Group currently has a consensus rating of “Moderate Buy”.

United Utilities Group Price Performance

UUGRY stock opened at $36.56 on Tuesday. The company has a quick ratio of 2.21, a current ratio of 2.22 and a debt-to-equity ratio of 5.50. United Utilities Group has a fifty-two week low of $24.10 and a fifty-two week high of $36.67. The business has a 50-day moving average of $32.90 and a 200-day moving average of $31.78.

About United Utilities Group

United Utilities Group (OTCMKTS:UUGRY) is a leading regulated water and wastewater services provider in the United Kingdom, serving more than seven million residents and businesses across North West England. Headquartered in Warrington, the company manages an integrated network of treatment works, reservoirs, pumping stations and more than 26,000 kilometres of water mains. Through its regulated arm, it supplies potable water and collects, transports and treats wastewater, ensuring compliance with environmental and public health standards set by Ofwat and the Environment Agency.

In addition to its core water and wastewater operations, United Utilities has expanded into related services including flood risk management, environmental consultancy and renewable energy generation.