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

Shares of United Utilities Group PLC (LON:UU) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,199.25 and traded as high as GBX 1,381.50. United Utilities Group shares last traded at GBX 1,381.50, with a volume of 1,764,350 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. UBS Group restated a “neutral” rating and issued a GBX 1,275 target price on shares of United Utilities Group in a research note on Friday, November 7th. Citigroup increased their price objective on United Utilities Group from GBX 1,261 to GBX 1,327 and gave the stock a “buy” rating in a report on Monday, November 3rd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of GBX 1,379.

United Utilities Group Price Performance

The company has a current ratio of 1.79, a quick ratio of 1.13 and a debt-to-equity ratio of 551.89. The company has a market cap of £9.54 billion, a PE ratio of 75.19, a P/E/G ratio of 0.69 and a beta of 0.41. The firm has a 50 day moving average of GBX 1,252.21 and a two-hundred day moving average of GBX 1,199.25.

Insiders Place Their Bets

In related news, insider Phil Aspin sold 23,367 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of GBX 1,233, for a total value of £288,115.11. Also, insider Marina Wyatt acquired 2,400 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The shares were purchased at an average cost of GBX 1,269 per share, for a total transaction of £30,456. Over the last three months, insiders bought 2,426 shares of company stock worth $3,079,348. Insiders own 0.05% of the company’s stock.

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.