United Utilities Group (OTCMKTS:UUGRY) Hits New 12-Month Low – What’s Next?

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

Wall Street Analysts Forecast Growth

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

United Utilities Group Trading Down 4.1 %

The company has a debt-to-equity ratio of 0.32, a current ratio of 0.14 and a quick ratio of 0.14. The firm’s 50-day moving average is $27.18 and its two-hundred day moving average is $26.93.

United Utilities Group Cuts Dividend

The firm also recently announced 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 of this dividend 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.