UIL (LON:UTL) Share Price Crosses Above 200 Day Moving Average – Time to 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 200.94 and traded as high as GBX 206.10. UIL shares last traded at GBX 206.10, with a volume of 1,507 shares changing hands.

UIL Stock Up 0.2%

The stock has a 50-day simple moving average of GBX 201.36 and a 200-day simple moving average of GBX 201. The firm has a market capitalization of £187.57 million, a PE ratio of 4.31 and a beta of 0.61.

UIL (LON:UTL) last issued its quarterly earnings results on Friday, September 25th. The company reported GBX 17.65 EPS for the quarter. UIL had a return on equity of 29.87% and a net margin of 88.21%.

Insider Buying and Selling at UIL

In other UIL news, insider Stuart J. Bridges purchased 6,701 shares of the stock in a transaction dated Wednesday, July 1st. The shares were bought at an average price of GBX 206 per share, with a total value of £13,804.06. Also, insider David Shillson purchased 4,957 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were acquired at an average price of GBX 206 per share, for a total transaction of £10,211.42. Insiders have acquired a total of 18,058 shares of company stock valued at $3,719,948 over the last three months. 1.88% 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.