United Utilities Group (OTCMKTS:UUGRY) Rating Increased to Hold at Barclays

Barclays upgraded shares of United Utilities Group (OTCMKTS:UUGRY) from a strong sell rating to a hold rating in a research note issued to investors on Thursday morning,Zacks.com reports.

Several other brokerages have also issued reports on UUGRY. Citigroup raised United Utilities Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 5th. Royal Bank of Canada upgraded shares of United Utilities Group to a “moderate buy” rating in a research note on Wednesday, October 9th.

United Utilities Group Stock Performance

OTCMKTS:UUGRY opened at $27.33 on Thursday. 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 business’s 50-day simple moving average is $27.54 and its 200-day simple moving average is $26.90. United Utilities Group has a fifty-two week low of $24.47 and a fifty-two week high of $29.10.

United Utilities Group Cuts Dividend

The company also recently disclosed 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 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.