UIL (LON:UTL) Stock Price Passes Below 200 Day Moving Average of $113.19

UIL Limited (LON:UTL)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 113.19 ($1.44) and traded as low as GBX 101 ($1.28). UIL shares last traded at GBX 104.70 ($1.33), with a volume of 8,702 shares.

UIL Stock Performance

The company has a market capitalization of £86.77 million, a price-to-earnings ratio of -195.28 and a beta of 0.74. The firm’s 50 day moving average price is GBX 104.53 and its two-hundred day moving average price is GBX 113.16.

UIL Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Thursday, July 4th will be paid a dividend of GBX 2 ($0.03) per share. The ex-dividend date is Thursday, July 4th. This represents a dividend yield of 1.93%. UIL’s dividend payout ratio is presently -1,509.43%.

Insider Transactions at UIL

In other news, insider Alison Hill acquired 8,628 shares of the stock in a transaction dated Tuesday, April 2nd. The shares were bought at an average cost of GBX 112 ($1.42) per share, for a total transaction of £9,663.36 ($12,258.48). 77.79% of the stock is owned by company insiders.

UIL Company Profile

UIL Limited is a closed-ended equity mutual fund launched and managed by ICM Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure, utility, and related sectors including water, sewerage, waste, electricity, gas, telecommunications, ports, airports, service, rail, roads, and any business with essential service or monopolistic characteristics.