United Utilities Group (OTCMKTS:UUGRY) Sets New 12-Month Low – Should You Sell?

United Utilities Group PLC (OTCMKTS:UUGRY) reached 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 changing hands. The stock had previously closed at $25.51.

Analysts Set New Price Targets

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

United Utilities Group Price Performance

The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.32. The stock’s 50-day simple moving average is $27.09 and its 200 day simple moving average is $26.90.

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 $0.4369 dividend. 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.