United Utilities Group (OTCMKTS:UUGRY) Reaches New 52-Week High – Time to Buy?

by · The Markets Daily

United Utilities Group PLC (OTCMKTS:UUGRY – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $33.38 and last traded at $33.38, with a volume of 3052 shares. The stock had previously closed at $32.50.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Zacks Research raised United Utilities Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. Citigroup reaffirmed a “buy” rating on shares of United Utilities Group in a report on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy”.

Read Our Latest Stock Analysis on UUGRY

United Utilities Group Stock Up 1.2%

The company has a quick ratio of 2.21, a current ratio of 2.22 and a debt-to-equity ratio of 5.50. The firm has a fifty day moving average price of $31.84 and a 200 day moving average price of $31.17.

About United Utilities Group

(Get Free Report)

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.

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