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UIL (LON:UTL) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

UIL logo with Financial Services background

Shares of UIL Limited (LON:UTL - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 111.96 ($1.51) and traded as high as GBX 117 ($1.58). UIL shares last traded at GBX 116.76 ($1.58), with a volume of 11,519 shares trading hands.

UIL Price Performance

The stock's 50 day simple moving average is GBX 111.60 and its 200-day simple moving average is GBX 112.10. The company has a market capitalization of £101.11 million, a PE ratio of -3.83 and a beta of 0.80.

Insider Activity

In related news, insider Stuart J. Bridges purchased 11,736 shares of the business's stock in a transaction dated Thursday, April 3rd. The stock was bought at an average cost of GBX 113 ($1.53) per share, with a total value of £13,261.68 ($17,921.19). Corporate insiders own 77.99% of the company's stock.

About UIL

(Get Free Report)

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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