United Utilities Group (LON:UU) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Shares of United Utilities Group PLC (LON:UU) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,240.65 and traded as high as GBX 1,396. United Utilities Group shares last traded at GBX 1,396, with a volume of 889,320 shares changing hands.

United Utilities Group Stock Performance

The business’s fifty day moving average is GBX 1,328.62 and its two-hundred day moving average is GBX 1,241.41. The company has a quick ratio of 1.13, a current ratio of 2.22 and a debt-to-equity ratio of 571.15. The stock has a market capitalization of £9.55 billion, a PE ratio of 75.24, a price-to-earnings-growth ratio of 0.69 and a beta of 0.56.

Insider Buying and Selling at United Utilities Group

In other United Utilities Group news, insider Marina Wyatt bought 2,400 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was purchased at an average cost of GBX 1,269 per share, with a total value of £30,456. Insiders have acquired 2,426 shares of company stock valued at $3,079,348 over the last ninety days. Company insiders own 0.05% of the company’s stock.

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.