United Utilities Group (OTCMKTS:UUGRY) Stock Rating Lowered by Zacks Research

United Utilities Group (OTCMKTS:UUGRY) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

Separately, Citigroup reaffirmed a “buy” rating on shares of United Utilities Group in a report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

United Utilities Group Trading Up 1.5%

Shares of UUGRY opened at $35.77 on Tuesday. United Utilities Group has a 1 year low of $24.10 and a 1 year high of $35.84. The company has a current ratio of 2.22, a quick ratio of 2.21 and a debt-to-equity ratio of 5.50. The stock has a 50-day simple moving average of $32.82 and a 200-day simple moving average of $31.74.

About United Utilities Group

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.