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

United Utilities Group PLC (LON:UU)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,030.58 ($13.38) and traded as high as GBX 1,091.50 ($14.17). United Utilities Group shares last traded at GBX 1,087 ($14.11), with a volume of 3,331,599 shares traded.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated an “overweight” rating on shares of United Utilities Group in a research report on Friday, July 5th.

United Utilities Group Trading Down 0.7 %

The firm has a market capitalization of £7.36 billion, a P/E ratio of 5,721.05, a PEG ratio of 0.69 and a beta of 0.41. The company has a quick ratio of 1.13, a current ratio of 1.60 and a debt-to-equity ratio of 486.43. The business has a 50-day moving average price of GBX 1,034.87 and a 200-day moving average price of GBX 1,030.58.

Insider Activity

In other United Utilities Group news, insider Louise Beardmore sold 8,471 shares of the company’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of GBX 1,058 ($13.74), for a total value of £89,623.18 ($116,363.52). 0.05% of the stock is currently owned by company insiders.

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.