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

UIL Limited (LON:UTL) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 111.96 ($1.50) and traded as high as GBX 117 ($1.57). UIL shares last traded at GBX 116.76 ($1.57), with a volume of 11,519 shares.

UIL Price Performance

The firm has a fifty day moving average price of GBX 111.31 and a two-hundred day moving average price of GBX 111.96. The stock has a market capitalization of £103.21 million, a PE ratio of -3.91 and a beta of 0.80.

Insider Transactions at UIL

In other news, insider Stuart J. Bridges acquired 11,736 shares of the company’s stock in a transaction that occurred on Thursday, April 3rd. The shares were bought at an average price of GBX 113 ($1.52) per share, with a total value of £13,261.68 ($17,800.91). Company insiders own 77.99% of the company’s stock.

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.