United Utilities Group (OTCMKTS:UUGRY) Stock Price Passes Below 50-Day Moving Average – Here’s Why

United Utilities Group PLC (OTCMKTS:UUGRYGet Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $24.83 and traded as low as $24.10. United Utilities Group shares last traded at $24.38, with a volume of 34,533 shares changing hands.

Wall Street Analyst Weigh In

Separately, Barclays upgraded shares of United Utilities Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, December 12th.

Read Our Latest Stock Analysis on UUGRY

United Utilities Group Stock Performance

The firm’s 50-day moving average price is $24.83 and its 200-day moving average price is $26.49. The company has a current ratio of 1.79, a quick ratio of 1.77 and a debt-to-equity ratio of 5.16.

About United Utilities Group

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for United Utilities Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Utilities Group and related companies with MarketBeat.com's FREE daily email newsletter.