United Utilities Group (LON:UU) Stock Passes Above 200-Day Moving Average – Here’s What Happened

United Utilities Group PLC (LON:UU)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,224.35 and traded as high as GBX 1,279.50. United Utilities Group shares last traded at GBX 1,252.50, with a volume of 1,627,318 shares traded.

United Utilities Group Stock Up 3.2%

The company has a market capitalization of £8.85 billion, a PE ratio of 69.77, a P/E/G ratio of 0.69 and a beta of 0.56. The company has a current ratio of 2.22, a quick ratio of 1.13 and a debt-to-equity ratio of 571.15. The firm has a 50 day simple moving average of GBX 1,300.21 and a two-hundred day simple moving average of GBX 1,224.35.

Insider Buying and Selling at United Utilities Group

In other news, insider Marina Wyatt acquired 2,400 shares of the stock in a transaction that occurred on Thursday, February 5th. The shares were purchased at an average cost of GBX 1,269 per share, for a total transaction of £30,456. Insiders acquired 2,426 shares of company stock worth $3,079,348 over the last three months. 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.