United Utilities Group PLC (OTCMKTS:UUGRY – Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 23,290 shares, a decrease of 35.7% from the August 15th total of 36,218 shares. Based on an average daily volume of 33,306 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the shares of the stock are sold short.
United Utilities Group Stock Performance
Shares of OTCMKTS:UUGRY opened at $36.33 on Thursday. The business has a 50 day moving average price of $37.36 and a 200 day moving average price of $36.38. United Utilities Group has a twelve month low of $29.68 and a twelve month high of $40.43.
Analyst Ratings Changes
A number of brokerages recently weighed in on UUGRY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of United Utilities Group in a research note on Monday, June 8th. BNP Paribas Exane started coverage on shares of United Utilities Group in a report on Monday, June 29th. They set an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, United Utilities Group has a consensus rating of “Hold”.
About United Utilities Group
United Utilities Group plc is a water and wastewater services company based in the United Kingdom. Through its regulated operating business, United Utilities Water Limited, the company provides clean drinking water, wastewater collection and treatment, and related infrastructure services.
The company serves customers across northwest England, including the counties of Cumbria, Lancashire, Greater Manchester, Merseyside and parts of Cheshire and Derbyshire. Its operations include managing reservoirs, water treatment works, distribution networks, sewage systems and wastewater treatment facilities, as well as maintaining and upgrading the infrastructure required to support these services.
United Utilities Group was created in 1995 through the merger of North West Water and Norweb.
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