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

United Utilities Group PLC (OTCMKTS:UUGRY)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as $22.99 and last traded at $23.37, with a volume of 65105 shares changing hands. The stock had previously closed at $23.59.

Wall Street Analysts Forecast Growth

Several research firms have commented 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. Barclays raised United Utilities Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 12th. Finally, Royal Bank of Canada raised United Utilities Group to a “moderate buy” rating in a report on Wednesday, October 9th.

United Utilities Group Stock Up 3.9 %

The firm’s fifty day moving average price is $26.82 and its 200-day moving average price is $26.85.

United Utilities Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Friday, November 29th will be paid a dividend of $0.4369 per share. The ex-dividend date of this dividend is Friday, November 29th.

United Utilities Group Company Profile

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.