UIL (LON:UTL) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

UIL Limited (LON:UTL) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 193.36 and traded as high as GBX 194.48. UIL shares last traded at GBX 188.04, with a volume of 3,126 shares traded.

UIL Stock Performance

The stock has a market cap of £175.38 million, a price-to-earnings ratio of 4.03 and a beta of 0.26. The firm’s 50-day moving average price is GBX 200.58 and its two-hundred day moving average price is GBX 193.49.

Insider Transactions at UIL

In other UIL news, insider Peter Durhager acquired 6,400 shares of the stock in a transaction on Wednesday, July 1st. The shares were bought at an average cost of GBX 206 per share, with a total value of £13,184. Also, insider David Shillson bought 4,957 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was bought at an average cost of GBX 206 per share, for a total transaction of £10,211.42. Over the last 90 days, insiders have purchased 67,558 shares of company stock valued at $14,015,948. 1.88% 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.