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

UIL Limited (LON:UTL)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 105.56 ($1.31) and traded as high as GBX 114.50 ($1.42). UIL shares last traded at GBX 113.75 ($1.42), with a volume of 836 shares trading hands.

UIL Trading Down 2.4 %

The company has a market cap of £95.28 million, a P/E ratio of -379.17 and a beta of 0.80. The business’s 50 day simple moving average is GBX 110.92 and its 200 day simple moving average is GBX 105.56.

UIL Announces Dividend

The company 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 payout ratio is -2,666.67%.

Insider Buying and Selling

In other UIL news, insider Stuart J. Bridges bought 11,483 shares of the firm’s stock in a transaction that occurred on Monday, January 20th. The shares were bought at an average price of GBX 116 ($1.44) per share, with a total value of £13,320.28 ($16,573.70). 77.99% of the stock is currently owned by insiders.

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.