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

UIL Limited (LON:UTL) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 107.74 ($1.39) and traded as high as GBX 116 ($1.49). UIL shares last traded at GBX 116 ($1.49), with a volume of 735 shares traded.

UIL Stock Performance

The company has a 50-day simple moving average of GBX 113.65 and a 200 day simple moving average of GBX 107.74. The company has a market capitalization of £102.59 million, a P/E ratio of -3.89 and a beta of 0.80.

UIL Announces Dividend

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

Insider Activity

In other news, insider Stuart J. Bridges acquired 11,483 shares of the stock in a transaction dated Monday, January 20th. The shares were acquired at an average cost of GBX 116 ($1.49) per share, for a total transaction of £13,320.28 ($17,149.84). 77.99% of the stock is currently owned by company insiders.

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.