United Utilities Group (OTCMKTS:UUGRY) Shares Up 0.5% – Time to Buy?

Shares of United Utilities Group PLC (OTCMKTS:UUGRY) rose 0.5% during mid-day trading on Monday . The company traded as high as $32.1430 and last traded at $32.04. Approximately 9,424 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 28,616 shares. The stock had previously closed at $31.88.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Zacks Research upgraded United Utilities Group from a “strong sell” rating to a “hold” rating in a research note on Monday, September 22nd. Citigroup reiterated a “buy” rating on shares of United Utilities Group in a report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

United Utilities Group Stock Up 0.5%

The business’s fifty day moving average price is $31.85 and its 200-day moving average price is $31.14. The company has a current ratio of 2.22, a quick ratio of 2.21 and a debt-to-equity ratio of 5.50.

United Utilities Group Company Profile

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.