United Utilities Group (OTCMKTS:UUGRY) Sees Strong Trading Volume - Should You Buy?

Key Points

• Trading activity jumped as 29,051 shares changed hands (an increase of 29% versus the prior session); the stock last traded at $37.99 after previously closing at $38.99 and is reported as down about 2.5%.
• Analyst sentiment is mixed but leaning positive with a MarketBeat consensus of "Moderate Buy"—one Strong Buy, two Buy and four Hold ratings—after several recent downgrades from firms including Kepler, Zacks and Citigroup.
• United Utilities is a regulated UK water and wastewater provider serving over seven million customers; its technicals show a 50-day SMA of $36.12 and 200-day SMA of $33.97, with liquidity ratios (current 2.22, quick 2.21) and a reported debt-to-equity of 5.50.

Shares of United Utilities Group PLC (OTCMKTS:UUGRY - Get Free Report) saw an uptick in trading volume on Thursday . 29,051 shares changed hands during trading, an increase of 29% from the previous session's volume of 22,446 shares.The stock last traded at $37.99 and had previously closed at $38.99.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on UUGRY shares. Kepler Capital Markets lowered shares of United Utilities Group from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 25th. Zacks Research lowered shares of United Utilities Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 10th. Citigroup lowered shares of United Utilities Group from a "buy" rating to a "neutral" rating in a report on Friday, May 1st. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of United Utilities Group in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of United Utilities Group in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, United Utilities Group presently has a consensus rating of "Moderate Buy".

United Utilities Group Stock Down 2.5%

The business's fifty day simple moving average is $36.12 and its 200-day simple moving average is $33.97. 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.

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