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

United Utilities Group PLC (LON:UU)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,251.99 and traded as high as GBX 1,351.50. United Utilities Group shares last traded at GBX 1,350.50, with a volume of 3,838,605 shares.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. boosted their target price on shares of United Utilities Group from GBX 1,300 to GBX 1,450 and gave the company a “neutral” rating in a research report on Monday, April 13th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 1,396.75.

United Utilities Group Stock Down 2.5%

The company has a market capitalization of £9.05 billion, a price-to-earnings ratio of 71.33, a P/E/G ratio of 0.69 and a beta of 0.56. The business’s 50-day moving average is GBX 1,343.15 and its 200-day moving average is GBX 1,253.96. The company has a quick ratio of 1.13, a current ratio of 2.22 and a debt-to-equity ratio of 571.15.

Insider Transactions at United Utilities Group

In other United Utilities Group news, insider Marina Wyatt bought 2,400 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The stock was bought at an average cost of GBX 1,269 per share, for a total transaction of £30,456. Insiders have acquired 2,426 shares of company stock worth $3,079,348 in the last three months. 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. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.