United Utilities Group (OTCMKTS:UUGRY) Shares Up 0.5% Following Analyst Upgrade

Shares of United Utilities Group PLC (OTCMKTS:UUGRY) traded up 0.5% on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $32.1430 and last traded at $32.04. 9,424 shares changed hands during trading, a decline of 67% from the average session volume of 28,616 shares. The stock had previously closed at $31.88.

Separately, Citigroup reissued a “buy” rating on shares of United Utilities Group in a research note on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

United Utilities Group Price Performance

The company has a 50-day moving average of $31.86 and a 200-day moving average of $31.14. The company has a debt-to-equity ratio of 5.50, a current ratio of 2.22 and a quick ratio of 2.21.

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.