United Utilities Group (OTCMKTS:UUGRY) Cut to “Hold” at Zacks Research

United Utilities Group (OTCMKTS:UUGRY) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

Separately, Citigroup reiterated a “buy” rating on shares of United Utilities Group in a report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, United Utilities Group currently has a consensus rating of “Moderate Buy”.

United Utilities Group Trading Up 1.5%

UUGRY stock opened at $35.77 on Tuesday. United Utilities Group has a twelve month low of $24.10 and a twelve month high of $35.84. The company has a current ratio of 2.22, a quick ratio of 2.21 and a debt-to-equity ratio of 5.50. The firm’s fifty day simple moving average is $32.82 and its two-hundred day simple moving average is $31.74.

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.