United Utilities Group (OTCMKTS:UUGRY) Shares Pass Below Fifty Day Moving Average – Here’s Why

United Utilities Group PLC (OTCMKTS:UUGRY) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $27.48 and traded as low as $26.55. United Utilities Group shares last traded at $26.62, with a volume of 44,140 shares traded.

Analysts Set New Price Targets

A number of research analysts recently commented on UUGRY shares. Royal Bank of Canada raised shares of United Utilities Group to a “moderate buy” rating in a research report on Wednesday, October 9th. Barclays downgraded shares of United Utilities Group from a “hold” rating to a “strong sell” rating in a research note on Monday, August 5th.

United Utilities Group Price Performance

The company has a fifty day moving average price of $27.48 and a 200-day moving average price of $26.71. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.14 and a current ratio of 0.14.

United Utilities Group Company Profile

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.