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

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

United Utilities Group Price Performance

The business has a 50-day simple moving average of $38.11 and a 200 day simple moving average of $36.54.

United Utilities Group Company Profile

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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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