UIL (LON:UTL) Shares Pass Above 200-Day Moving Average - Time to Sell?

UIL Limited (LON:UTL - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 111.55 ($1.49) and traded as high as GBX 116.80 ($1.56). UIL shares last traded at GBX 116.80 ($1.56), with a volume of 1,011 shares changing hands.

UIL Price Performance

The stock has a market cap of £99.94 million, a price-to-earnings ratio of -3.79 and a beta of 0.80. The stock's 50-day moving average is GBX 111.16 and its 200-day moving average is GBX 111.83.

UIL Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, April 25th. Shareholders of record on Thursday, March 27th were paid a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 1.75%. The ex-dividend date of this dividend was Thursday, March 27th. UIL's dividend payout ratio is presently -26.81%.

Insider Transactions at UIL

In related news, insider Stuart J. Bridges acquired 11,736 shares of the business's stock in a transaction dated Thursday, April 3rd. The shares were acquired at an average cost of GBX 113 ($1.51) per share, for a total transaction of £13,261.68 ($17,712.94). Insiders own 77.99% of the company's stock.

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.