UIL (LON:UTL) Stock Crosses Above 200 Day Moving Average – What’s Next?

UIL Limited (LON:UTL) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 164.66 and traded as high as GBX 199. UIL shares last traded at GBX 195.44, with a volume of 52,551 shares traded.

UIL Stock Down 1.8%

The firm has a market cap of £176.76 million, a P/E ratio of 4.06 and a beta of 0.39. The firm’s 50-day simple moving average is GBX 181.55 and its 200 day simple moving average is GBX 164.86.

UIL (LON:UTL) last posted its quarterly earnings data on Friday, February 20th. The company reported GBX 12.80 earnings per share (EPS) for the quarter. UIL had a return on equity of 29.87% and a net margin of 88.21%.

Insider Buying and Selling at UIL

In related news, insider Stuart J. Bridges acquired 20,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were bought at an average cost of GBX 201 per share, for a total transaction of £41,205. Also, insider Peter Durhager bought 8,437 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was bought at an average cost of GBX 156 per share, for a total transaction of £13,161.72. Insiders have acquired a total of 57,307 shares of company stock valued at $10,408,392 in the last 90 days. Corporate insiders own 1.71% of the company’s stock.

UIL Company Profile

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.