UIL (LON:UTL) Stock Passes Above 200 Day Moving Average – Should You Sell?

UIL Limited (LON:UTL) shares crossed 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.

UIL Trading Down 0.7 %

The business has a fifty day simple moving average of GBX 113.30 and a 200 day simple moving average of GBX 107.36. The stock has a market capitalization of £102.35 million, a P/E ratio of -3.88 and a beta of 0.80.

UIL Dividend Announcement

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

Insiders Place Their Bets

In other UIL news, insider Stuart J. Bridges bought 11,483 shares of UIL stock in a transaction dated Monday, January 20th. The stock was bought at an average cost of GBX 116 ($1.46) per share, with a total value of £13,320.28 ($16,750.86). Corporate 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.