United Utilities Group (LON:UU) Stock Crosses Above 200 Day Moving Average – Time to Sell?

United Utilities Group PLC (LON:UU) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 1,355.90 and traded as high as GBX 1,422. United Utilities Group shares last traded at GBX 1,407, with a volume of 2,904,218 shares.

Analyst Ratings Changes

Several research analysts have weighed in on UU shares. Citigroup lowered their price target on shares of United Utilities Group from £152.50 to GBX 1,340 and set a “neutral” rating on the stock in a report on Tuesday, June 16th. Jefferies Financial Group lifted their price target on United Utilities Group from GBX 1,320 to GBX 1,350 and gave the stock a “hold” rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of GBX 1,419.17.

United Utilities Group Stock Down 0.6%

The company has a current ratio of 2.55, a quick ratio of 1.13 and a debt-to-equity ratio of 512.65. The firm’s 50 day simple moving average is GBX 1,391.12 and its two-hundred day simple moving average is GBX 1,356.30. The firm has a market cap of £9.62 billion, a price-to-earnings ratio of 75.78, a PEG ratio of 0.69 and a beta of 0.58.

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.