UIL (LON:UTL) Shares Cross Above 200 Day Moving Average – Time to Sell?

UIL Limited (LON:UTL) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 152.96 and traded as high as GBX 194. UIL shares last traded at GBX 194, with a volume of 5,393 shares.

Analyst Upgrades and Downgrades

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

UIL Price Performance

The firm has a market capitalization of £175.45 million, a P/E ratio of 17.35 and a beta of 0.80. The company’s 50 day moving average price is GBX 162.06 and its 200 day moving average price is GBX 153.14.

UIL (LON:UTL) last announced its quarterly earnings data on Friday, February 20th. The company reported GBX 12.80 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 Peter Durhager bought 8,437 shares of the business’s stock in a transaction on Monday, January 5th. The shares were bought at an average cost of GBX 156 per share, for a total transaction of £13,161.72. Also, insider Stuart J. Bridges purchased 8,835 shares of the stock in a transaction dated Monday, January 5th. The shares were acquired at an average price of GBX 156 per share, with a total value of £13,782.60. In the last three months, insiders have acquired 23,807 shares of company stock worth $3,713,892. Company insiders own 1.72% 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.