United Utilities Group (LON:UU) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

United Utilities Group PLC (LON:UU)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,174.76 and traded as high as GBX 1,256. United Utilities Group shares last traded at GBX 1,247, with a volume of 2,357,262 shares changing hands.

Analysts Set New Price Targets

Several brokerages have recently commented on UU. UBS Group restated a “neutral” rating and set a GBX 1,275 target price on shares of United Utilities Group in a report on Friday, November 7th. Citigroup increased their price objective on shares of United Utilities Group from GBX 1,261 to GBX 1,327 and gave the company a “buy” rating in a report on Monday, November 3rd. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, United Utilities Group presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,379.

United Utilities Group Price Performance

The company’s 50 day simple moving average is GBX 1,207.40 and its 200 day simple moving average is GBX 1,174.76. The stock has a market cap of £8.55 billion, a P/E ratio of 67.36, a P/E/G ratio of 0.69 and a beta of 0.41. The company has a debt-to-equity ratio of 551.89, a current ratio of 1.79 and a quick ratio of 1.13.

United Utilities Group (LON:UU) last announced its quarterly earnings results on Thursday, November 13th. The company reported GBX 52.80 earnings per share (EPS) for the quarter. United Utilities Group had a net margin of 6.51% and a return on equity of 6.35%. As a group, equities analysts forecast that United Utilities Group PLC will post 50.9730539 earnings per share for the current year.

Insider Buying and Selling

In other United Utilities Group news, insider Phil Aspin sold 23,367 shares of United Utilities Group stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of GBX 1,233, for a total value of £288,115.11. Company insiders own 0.05% of the company’s stock.

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.