United Utilities Group (LON:UU) Stock Passes Above 200-Day Moving Average – Should You Sell?

United Utilities Group PLC (LON:UU)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,081.54 ($14.62) and traded as high as GBX 1,170.50 ($15.82). United Utilities Group shares last traded at GBX 1,170.50 ($15.82), with a volume of 1,081,328 shares traded.

Analyst Ratings Changes

Separately, Barclays upgraded United Utilities Group to an “overweight” rating and increased their price objective for the stock from GBX 1,280 to GBX 1,535 in a report on Wednesday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 1,535.

United Utilities Group Trading Down 0.3%

The company has a fifty day simple moving average of GBX 1,131.78 and a two-hundred day simple moving average of GBX 1,081.54. The company has a debt-to-equity ratio of 551.89, a current ratio of 1.79 and a quick ratio of 1.13. The company has a market capitalization of £7.99 billion, a P/E ratio of 62.97, a price-to-earnings-growth ratio of 0.69 and a beta of 0.41.

Insider Buying and Selling at United Utilities Group

In other United Utilities Group news, insider Ian El-Mokadem purchased 3,000 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were bought at an average cost of GBX 1,168 per share, with a total value of £35,040. Also, insider Phil Aspin sold 11,682 shares of the firm’s stock in a transaction dated Monday, June 16th. The shares were sold at an average price of GBX 1,161, for a total value of £135,628.02. Insiders have purchased a total of 3,079 shares of company stock worth $3,593,203 over the last three months. Corporate insiders own 0.05% of the company’s stock.

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.