UIL (LON:UTL) Issues Quarterly Earnings Results

Key Points

• UIL reported earnings of GBX 11.91 per share for the quarter, along with a negative return on equity of 16.21%.
• The company's shares opened at GBX 140.48, with a market capitalization of £129.93 million and a price-to-earnings ratio of -612.11.
• Insiders have purchased a total of 38,054 shares over the last 90 days, indicating confidence in the company despite its current challenges.

UIL (LON:UTL - ) issued its quarterly earnings data on Tuesday. The company reported GBX 11.91 earnings per share (EPS) 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 opened at GBX 140.48 on Wednesday. The business's 50 day simple moving average is GBX 130.98 and its 200-day simple moving average is GBX 120.59. UIL has a 1 year low of GBX 92 and a 1 year high of GBX 147. The stock has a market capitalization of £129.93 million, a price-to-earnings ratio of -612.11 and a beta of 0.80.

Insider Buying and Selling

In other news, insider Alison Hill purchased 8,198 shares of the business's stock in a transaction dated Friday, July 4th. The shares were purchased at an average price of GBX 120 per share, for a total transaction of £9,837.60. Also, insider Peter Durhager purchased 10,581 shares of the business's stock in a transaction dated Friday, July 4th. The shares were purchased at an average price of GBX 120 per share, for a total transaction of £12,697.20. Over the last 90 days, insiders have purchased 38,054 shares of company stock worth $4,566,480. 1.55% of the stock is currently owned by corporate 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.

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