United Utilities Group (LON:UU) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Shares of United Utilities Group PLC (LON:UU) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,038.34 ($12.98) and traded as high as GBX 1,084.08 ($13.55). United Utilities Group shares last traded at GBX 1,064 ($13.30), with a volume of 1,868,146 shares changing hands.

United Utilities Group Price Performance

The firm has a market cap of £7.26 billion, a price-to-earnings ratio of 5,600.00, a P/E/G ratio of 0.69 and a beta of 0.41. The company has a current ratio of 1.60, a quick ratio of 1.13 and a debt-to-equity ratio of 486.43. The business’s 50-day simple moving average is GBX 1,071.71 and its two-hundred day simple moving average is GBX 1,038.34.

United Utilities Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, January 13th. Shareholders of record on Thursday, November 28th will be issued a dividend of GBX 17.28 ($0.22) per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 1.65%. United Utilities Group’s payout ratio is currently 26,315.79%.

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.