UIL (LON:UTL) Stock Crosses Below Two Hundred Day Moving Average of $104.74

Shares of UIL Limited (LON:UTL) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 104.74 ($1.40) and traded as low as GBX 95 ($1.27). UIL shares last traded at GBX 99 ($1.32), with a volume of 35,041 shares traded.

UIL Stock Performance

The company has a 50 day moving average price of GBX 102.13 and a two-hundred day moving average price of GBX 104.74. The firm has a market capitalization of £82.92 million, a price-to-earnings ratio of -353.57 and a beta of 0.82.

UIL Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, September 26th will be paid a GBX 2 ($0.03) dividend. This represents a yield of 2.05%. The ex-dividend date of this dividend is Thursday, September 26th. UIL’s dividend payout ratio is currently -2,857.14%.

Insider Activity at UIL

In other news, insider Peter Durhager acquired 11,923 shares of UIL stock in a transaction that occurred on Friday, July 5th. The stock was purchased at an average cost of GBX 105 ($1.40) per share, with a total value of £12,519.15 ($16,710.02). 77.94% of the stock is owned by corporate 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.