United Utilities Group (OTCMKTS:UUGRY) Reaches New 52-Week High – Time to Buy?

United Utilities Group PLC (OTCMKTS:UUGRY – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday. The company traded as high as $41.52 and last traded at $41.4975, with a volume of 3,346 shares trading hands. The stock had previously closed at $41.30.

United Utilities Group Stock Performance

The company’s 50-day moving average price is $38.11 and its 200 day moving average price is $36.54.

About United Utilities Group

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United Utilities Group plc is a United Kingdom-based water and wastewater services company. Through its regulated subsidiary, United Utilities Water Limited, the company provides clean water and wastewater collection, treatment and disposal services across the North West of England.

The company operates and maintains a large regional network of reservoirs, water-treatment works, pumping stations, sewer systems and wastewater-treatment facilities. Its activities also include managing water resources, maintaining and upgrading infrastructure, supporting environmental protection and delivering services to household, commercial and industrial customers.

United Utilities was formed in 1995 through the merger of North West Water and NORWEB.

Further Reading

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