United Utilities Group (LON:UU) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

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 1,190.45 and traded as high as GBX 1,372.50. United Utilities Group shares last traded at GBX 1,350, with a volume of 2,338,859 shares.

Analyst Upgrades and Downgrades

UU has been the topic of a number of analyst reports. Citigroup lifted their price objective on shares of United Utilities Group from GBX 1,261 to GBX 1,327 and gave the company a “buy” rating in a research note on Monday, November 3rd. UBS Group reaffirmed a “neutral” rating and set a GBX 1,275 price target on shares of United Utilities Group in a research note on Friday, November 7th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 1,379.

United Utilities Group Stock Performance

The company has a market capitalization of £9.15 billion, a PE ratio of 72.09, a PEG ratio of 0.69 and a beta of 0.41. The company has a debt-to-equity ratio of 551.89, a quick ratio of 1.13 and a current ratio of 1.79. The company has a 50 day moving average price of GBX 1,231.01 and a 200 day moving average price of GBX 1,190.45.

Insiders Place Their Bets

In other United Utilities Group news, insider Phil Aspin sold 23,367 shares of the stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of GBX 1,233, for a total transaction of £288,115.11. Also, insider Marina Wyatt acquired 2,400 shares of the firm’s stock in a transaction on Thursday, February 5th. The shares were bought at an average cost of GBX 1,269 per share, with a total value of £30,456. Insiders have acquired a total of 2,426 shares of company stock worth $3,079,348 over the last quarter. 0.05% of the stock is currently owned by 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. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.