United Utilities Group (OTCMKTS:UUGRY) Shares Gap Down – Time to Sell?

United Utilities Group PLC (OTCMKTS:UUGRYGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $38.60, but opened at $37.26. United Utilities Group shares last traded at $37.24, with a volume of 865 shares traded.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of United Utilities Group in a research report on Monday, June 8th. BNP Paribas Exane began coverage on shares of United Utilities Group in a research note on Monday, June 29th. They issued an “outperform” rating for the company. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of United Utilities Group in a report on Tuesday, May 5th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, United Utilities Group presently has a consensus rating of “Hold”.

Get Our Latest Analysis on United Utilities Group

United Utilities Group Stock Down 2.4%

The company’s fifty day simple moving average is $37.14 and its two-hundred day simple moving average is $36.41.

United Utilities Group Company Profile

(Get Free Report)

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.

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