United Utilities Group (LON:UU) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

United Utilities Group PLC (LON:UU)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,038.34 ($12.98) and traded as high as GBX 1,084.08 ($13.55). United Utilities Group shares last traded at GBX 1,064 ($13.30), with a volume of 1,868,146 shares trading hands.

United Utilities Group Trading Up 1.7 %

The company has a debt-to-equity ratio of 486.43, a current ratio of 1.60 and a quick ratio of 1.13. The company has a market capitalization of £7.26 billion, a price-to-earnings ratio of 5,600.00, a P/E/G ratio of 0.69 and a beta of 0.41. The business’s 50-day moving average price is GBX 1,071.71 and its two-hundred day moving average price is GBX 1,038.34.

United Utilities Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, January 13th. Shareholders of record on Thursday, November 28th will be given a dividend of GBX 17.28 ($0.22) per share. The ex-dividend date is Thursday, November 28th. This represents a yield of 1.65%. United Utilities Group’s dividend payout ratio is currently 26,315.79%.

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.