UIL (LON:UTL) Stock Passes Above 200-Day Moving Average – Time to Sell?

UIL Limited (LON:UTL) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 107.32 ($1.35) and traded as high as GBX 116 ($1.46). UIL shares last traded at GBX 115.72 ($1.46), with a volume of 19,586 shares traded.

UIL Price Performance

The firm has a market cap of £102.35 million, a PE ratio of -3.88 and a beta of 0.80. The company has a 50 day simple moving average of GBX 113.30 and a 200-day simple moving average of GBX 107.36.

UIL Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 17th. Stockholders of record on Thursday, January 2nd were paid a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 1.82%. The ex-dividend date of this dividend was Thursday, January 2nd. UIL’s dividend payout ratio (DPR) is presently -26.81%.

Insider Activity

In related news, insider Stuart J. Bridges acquired 11,483 shares of the company’s stock in a transaction dated Monday, January 20th. The stock was purchased at an average price of GBX 116 ($1.46) per share, with a total value of £13,320.28 ($16,752.96). Insiders own 77.99% 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.