United Utilities Group (OTCMKTS:UUGRY) Sets New 1-Year Low – Here’s What Happened

United Utilities Group PLC (OTCMKTS:UUGRY) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $23.87 and last traded at $24.47, with a volume of 534907 shares trading hands. The stock had previously closed at $25.51.

Analysts Set New Price Targets

Several research firms have recently weighed in on UUGRY. Barclays raised shares of United Utilities Group from a “strong sell” rating to a “hold” rating in a report on Thursday, December 12th. Citigroup upgraded shares of United Utilities Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 5th. Finally, Royal Bank of Canada upgraded United Utilities Group to a “moderate buy” rating in a research note on Wednesday, October 9th.

United Utilities Group Trading Down 4.1 %

The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.32. The business’s fifty day moving average is $27.18 and its 200-day moving average is $26.93.

United Utilities Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, January 21st. Stockholders of record on Friday, November 29th will be given a dividend of $0.4369 per share. The ex-dividend date is Friday, November 29th.

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.