United Utilities Group shares hit new 52-week high
Updated
Updated · MarketWatch · Apr 30
United Utilities Group shares hit new 52-week high
7 articles · Updated · MarketWatch · Apr 30
The stock jumped 11.05% to £14.57 on Thursday, beating the FTSE 100's 1.62% rise to 10,378.82.
It surpassed the previous 52-week peak of £14.04 reached on 27 February, extending gains in a broadly stronger UK market session.
Trading volume reached 5.6 million shares, well above the 50-day average of 1.9 million, indicating unusually heavy investor activity.
Could the upcoming regulatory overhaul and huge capital raise at United Utilities signal a radical shift for the entire UK water sector—or just more of the same?
With rising bills and massive investment plans, will United Utilities' transformation actually lead to better water services for customers in the years ahead?