United Utilities Group (LON:UU) Share Price Passes Above 200 Day Moving Average – Here’s Why

United Utilities Group PLC (LON:UU)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,040.41 ($13.09) and traded as high as GBX 1,049.50 ($13.21). United Utilities Group shares last traded at GBX 1,043.50 ($13.13), with a volume of 0 shares.

United Utilities Group Price Performance

The stock has a fifty day moving average of GBX 1,075.47 and a 200 day moving average of GBX 1,040.41. The stock has a market cap of £7.17 billion, a price-to-earnings ratio of 5,531.58, a P/E/G ratio of 0.69 and a beta of 0.41. The company has a debt-to-equity ratio of 486.43, a current ratio of 1.60 and a quick ratio of 1.13.

United Utilities Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, January 13th. Shareholders of record on Thursday, November 28th will be given a dividend of GBX 17.28 ($0.22) per share. This represents a yield of 1.65%. The ex-dividend date of this dividend is Thursday, November 28th. United Utilities Group’s dividend payout ratio is presently 26,315.79%.

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.