United Utilities Group (OTCMKTS:UUGRY) Sees Unusually-High Trading Volume – Time to Buy?

United Utilities Group PLC (OTCMKTS:UUGRY) saw unusually-high trading volume on Monday . Approximately 55,355 shares were traded during trading, an increase of 97% from the previous session’s volume of 28,109 shares.The stock last traded at $34.94 and had previously closed at $35.55.

Analyst Ratings Changes

UUGRY has been the topic of a number of research analyst reports. Zacks Research cut shares of United Utilities Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Kepler Capital Markets cut shares of United Utilities Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Royal Bank Of Canada reissued a “sector perform” rating on shares of United Utilities Group in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of United Utilities Group in a research note on Monday. Finally, Citigroup cut shares of United Utilities Group from a “buy” rating to a “neutral” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

United Utilities Group Stock Performance

The firm’s 50 day simple moving average is $36.37 and its 200-day simple moving average is $34.66. 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.