United Utilities Group (LON:UU) Share Price Passes Above 200-Day Moving Average of $1,028.06

United Utilities Group PLC (LON:UU)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,028.06 ($13.44) and traded as high as GBX 1,081 ($14.14). United Utilities Group shares last traded at GBX 1,074.50 ($14.05), with a volume of 771,751 shares.

Analysts Set New Price Targets

UU has been the subject of several research analyst reports. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,230 ($16.08) price objective on shares of United Utilities Group in a research note on Tuesday, May 21st. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of United Utilities Group in a research report on Friday, July 5th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,260 ($16.48).

United Utilities Group Trading Down 0.8 %

The stock has a 50 day moving average of GBX 1,019.98 and a 200 day moving average of GBX 1,028.56. The company has a debt-to-equity ratio of 486.43, a current ratio of 1.60 and a quick ratio of 1.13. The firm has a market cap of £7.22 billion, a P/E ratio of 5,576.32, a PEG ratio of 0.69 and a beta of 0.41.

Insider Transactions at United Utilities Group

In other United Utilities Group news, insider Louise Beardmore sold 4,197 shares of the stock in a transaction that occurred on Tuesday, June 18th. The shares were sold at an average price of GBX 1,017 ($13.30), for a total transaction of £42,683.49 ($55,817.30). Company insiders own 0.04% 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.