UIL (LON:UTL) Posts Earnings Results

UIL (LON:UTL) issued its quarterly earnings results on Friday. The company reported GBX 12.80 earnings per share for the quarter, Digital Look Earnings reports. UIL had a negative return on equity of 16.21% and a net margin of 156.15%.

UIL Price Performance

Shares of UTL stock opened at GBX 175 on Friday. The firm has a 50 day moving average of GBX 158.76 and a 200-day moving average of GBX 151.11. The company has a market cap of £158.27 million, a price-to-earnings ratio of 15.65 and a beta of 0.80. UIL has a 52 week low of GBX 98 and a 52 week high of GBX 185.12.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating on shares of UIL in a report on Wednesday, November 5th.

Insider Activity at UIL

In related news, insider Peter Durhager bought 8,437 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The shares were acquired at an average cost of GBX 156 per share, with a total value of £13,161.72. Also, insider Stuart J. Bridges purchased 8,835 shares of UIL stock in a transaction on Monday, January 5th. The stock was bought at an average price of GBX 156 per share, with a total value of £13,782.60. Insiders have purchased 23,807 shares of company stock worth $3,713,892 in the last quarter. Company insiders own 1.72% 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.