United Utilities Group (LON:UU) Shares Pass Above 200-Day Moving Average of $1,029.63

United Utilities Group PLC (LON:UU)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,029.63 ($13.60) and traded as high as GBX 1,072 ($14.16). United Utilities Group shares last traded at GBX 1,058 ($13.98), with a volume of 825,902 shares.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reissued an “overweight” rating on shares of United Utilities Group in a research report on Friday, July 5th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 1,260 ($16.64).

United Utilities Group Trading Down 0.6 %

The company has a current ratio of 1.60, a quick ratio of 1.13 and a debt-to-equity ratio of 486.43. The business has a 50 day simple moving average of GBX 1,022.04 and a two-hundred day simple moving average of GBX 1,029.90. The stock has a market cap of £7.16 billion, a price-to-earnings ratio of 5,523.68, a price-to-earnings-growth ratio of 0.71 and a beta of 0.41.

Insider Buying and Selling at United Utilities Group

In related news, insider Louise Beardmore sold 8,471 shares of the firm’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of GBX 1,058 ($13.98), for a total transaction of £89,623.18 ($118,392.58). 0.04% 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.