UIL (LON:UTL) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

UIL Limited (LON:UTL) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 132.60 and traded as high as GBX 182.22. UIL shares last traded at GBX 182.22, with a volume of 320,074 shares.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of UIL in a report on Wednesday, November 5th.

UIL Trading Up 5.4%

The business has a 50-day moving average of GBX 151.80 and a 200 day moving average of GBX 133.18. The firm has a market capitalization of £169.39 million, a P/E ratio of 16.40 and a beta of 0.80.

UIL (LON:UTL) last announced its quarterly earnings data on Tuesday, September 30th. The company reported GBX 11.91 EPS for the quarter. UIL had a negative return on equity of 16.21% and a net margin of 156.15%.

Insider Buying and Selling at UIL

In other UIL news, insider Alison Hill acquired 7,165 shares of the stock in a transaction on Wednesday, October 1st. The shares were purchased at an average price of GBX 142 per share, for a total transaction of £10,174.30. Also, insider Peter Durhager acquired 9,251 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was acquired at an average cost of GBX 142 per share, for a total transaction of £13,136.42. In the last quarter, insiders acquired 33,269 shares of company stock worth $4,724,198. 1.66% of the stock is owned by company insiders.

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.