UIL (LON:UTL) Stock Crosses Above 200 Day Moving Average - Should You Sell?

Key Points

• Price breakout: UIL's shares crossed above their 200‑day moving average (200‑day MA GBX 164.66), trading as high as GBX 199 and last at GBX 195.44 with a 50‑day MA of GBX 181.55.
• Attractive fundamentals: The stock trades at a low PE of 4.06 and the company reported GBX 12.80 EPS with a 29.87% ROE and an 88.21% net margin, market cap £176.76M.
• Insider buying: Insiders bought 57,307 shares in the past 90 days, including Stuart J. Bridges (20,500 shares at GBX 201) and Peter Durhager (8,437 shares at GBX 156); insiders own 1.71% of the company.

UIL Limited (LON:UTL - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 164.66 and traded as high as GBX 199. UIL shares last traded at GBX 195.44, with a volume of 52,551 shares.

UIL Trading Down 1.8%

The firm's 50-day moving average price is GBX 181.55 and its 200-day moving average price is GBX 164.66. The stock has a market capitalization of £176.76 million, a PE ratio of 4.06 and a beta of 0.39.

UIL (LON:UTL - Get Free Report) last released its quarterly earnings results on Friday, February 20th. The company reported GBX 12.80 EPS for the quarter. UIL had a return on equity of 29.87% and a net margin of 88.21%.

Insider Activity at UIL

In other news, insider Stuart J. Bridges bought 20,500 shares of UIL stock in a transaction dated Wednesday, March 18th. The shares were acquired at an average price of GBX 201 per share, with a total value of £41,205. Also, insider Peter Durhager bought 8,437 shares of the stock in a transaction dated Monday, January 5th. The stock was purchased at an average price of GBX 156 per share, with a total value of £13,161.72. In the last 90 days, insiders have purchased 57,307 shares of company stock worth $10,408,392. Company insiders own 1.71% 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.

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