United Utilities Group (LON:UU) Shares Pass Above 200-Day Moving Average – Here’s Why

United Utilities Group PLC (LON:UU)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,217.38 and traded as high as GBX 1,368.50. United Utilities Group shares last traded at GBX 1,352, with a volume of 876,383 shares trading hands.

United Utilities Group Stock Performance

The business has a fifty day moving average of GBX 1,294.32 and a 200 day moving average of GBX 1,218.47. The company has a quick ratio of 1.13, a current ratio of 2.22 and a debt-to-equity ratio of 571.15. The company has a market cap of £9.19 billion, a P/E ratio of 72.38, a P/E/G ratio of 0.69 and a beta of 0.56.

Insider Transactions at United Utilities Group

In related news, insider Marina Wyatt bought 2,400 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The shares were bought at an average price of GBX 1,269 per share, for a total transaction of £30,456. In the last quarter, insiders have bought 2,426 shares of company stock worth $3,079,348. 0.05% of the stock is currently owned by corporate insiders.

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. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.