United Utilities Group (OTCMKTS:UUGRY) Stock Price Up 0.5% Following Analyst Upgrade

United Utilities Group PLC (OTCMKTS:UUGRY)’s stock price rose 0.5% during trading on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $32.1430 and last traded at $32.04. Approximately 9,424 shares were traded during trading, a decline of 67% from the average daily volume of 28,616 shares. The stock had previously closed at $31.88.

Separately, Citigroup restated a “buy” rating on shares of United Utilities Group in a research note on Monday, November 3rd. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

United Utilities Group Stock Down 0.9%

The firm has a fifty day moving average of $31.86 and a 200-day moving average of $31.14. The company has a current ratio of 2.22, a quick ratio of 2.21 and a debt-to-equity ratio of 5.50.

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.