UIL (LON:UTL) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

UIL Limited (LON:UTL)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 110.53 ($1.49) and traded as high as GBX 117 ($1.57). UIL shares last traded at GBX 114.24 ($1.53), with a volume of 4,849 shares.

UIL Price Performance

The stock has a market capitalization of £101.04 million, a price-to-earnings ratio of -3.83 and a beta of 0.80. The firm has a fifty day moving average of GBX 110.57 and a 200 day moving average of GBX 110.53.

UIL Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, April 25th. Shareholders of record on Thursday, March 27th were given a dividend of GBX 2 ($0.03) per share. The ex-dividend date was Thursday, March 27th. This represents a yield of 1.75%. UIL’s dividend payout ratio is currently -26.81%.

Insiders Place Their Bets

In other UIL news, insider Stuart J. Bridges purchased 11,736 shares of the stock in a transaction on Thursday, April 3rd. The shares were bought at an average price of GBX 113 ($1.52) per share, for a total transaction of £13,261.68 ($17,817.65). 77.99% of the stock is currently owned by company insiders.

About UIL

UIL Limited is focused on uncovering investments with underlying value.

UIL’s investment objective is to maximise shareholder returns by identifying and investing in investments worldwide where the underlying value is not fully recognised.

UIL Limited (formerly Utilico Investments Limited and Utilico Limited) is an exempted closed-end Bermuda incorporated investment company, established as a successor to Utilico Investment Trust plc.