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

United Utilities Group PLC (LON:UU)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,305.81 and traded as high as GBX 1,353. United Utilities Group shares last traded at GBX 1,341, with a volume of 2,526,585 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have commented on UU. JPMorgan Chase & Co. increased their target price on United Utilities Group from GBX 1,300 to GBX 1,450 and gave the stock a “neutral” rating in a report on Monday, April 13th. Royal Bank Of Canada upgraded United Utilities Group to a “sector perform” rating and boosted their price target for the company from GBX 1,450 to GBX 1,550 in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft upped their price target on United Utilities Group from GBX 1,450 to GBX 1,550 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Jefferies Financial Group restated a “hold” rating and set a GBX 1,320 price objective on shares of United Utilities Group in a research note on Thursday, April 30th. Finally, Citigroup decreased their price objective on shares of United Utilities Group from £152.50 to GBX 1,340 and set a “neutral” rating for the company in a report on Tuesday, June 16th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, United Utilities Group has a consensus rating of “Hold” and an average target price of GBX 1,431.43.

United Utilities Group Price Performance

The company has a debt-to-equity ratio of 512.65, a current ratio of 2.55 and a quick ratio of 1.13. The stock’s fifty day simple moving average is GBX 1,334.04 and its 200-day simple moving average is GBX 1,307.06. The stock has a market cap of £9.14 billion, a P/E ratio of 72.06, a PEG ratio of 0.69 and a beta of 0.58.

United Utilities Group (LON:UU) last posted its earnings results on Thursday, April 30th. The company reported GBX 107.10 EPS for the quarter. The company had revenue of GBX 261.63 billion during the quarter. United Utilities Group had a return on equity of 27.72% and a net margin of 22.43%. On average, research analysts anticipate 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 24,566 shares of the stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of GBX 1,306, for a total value of £320,831.96. 0.05% of the stock is currently owned by insiders.

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