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

UIL Limited (LON:UTL) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 106.58 ($1.33) and traded as high as GBX 115.50 ($1.44). UIL shares last traded at GBX 115.08 ($1.43), with a volume of 7,487 shares traded.

UIL Price Performance

The firm has a 50 day moving average of GBX 111.90 and a two-hundred day moving average of GBX 106.58. The stock has a market cap of £96.39 million, a PE ratio of -383.60 and a beta of 0.80.

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 given a dividend of GBX 2 ($0.02) per share. The ex-dividend date was Thursday, January 2nd. This represents a dividend yield of 1.82%. UIL’s dividend payout ratio is presently -2,666.67%.

Insider Activity at UIL

In other news, insider Stuart J. Bridges bought 11,483 shares of UIL stock in a transaction dated Monday, January 20th. The stock was acquired at an average cost of GBX 116 ($1.44) per share, with a total value of £13,320.28 ($16,579.89). 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.