UIL (LON:UTL) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Posted by ABMN Staff on Jan 7th, 2025

Shares of UIL Limited (LON:UTL – Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 109.70 ($1.37) and traded as high as GBX 110 ($1.38). UIL shares last traded at GBX 110 ($1.38), with a volume of 9 shares traded.

UIL Stock Up 0.5 %

The company has a market capitalization of £92.14 million, a PE ratio of -366.67 and a beta of 0.80. The business has a 50 day simple moving average of GBX 109.70 and a 200 day simple moving average of GBX 104.64.

UIL Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, January 2nd will be given a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.82%. The ex-dividend date is Thursday, January 2nd. UIL’s payout ratio is currently -2,666.67%.

Insider Buying and Selling

In other news, insider Stuart J. Bridges bought 12,449 shares of the business’s stock in a transaction that occurred on Thursday, October 10th. The shares were purchased at an average cost of GBX 107 ($1.34) per share, with a total value of £13,320.43 ($16,665.12). 77.99% of the stock is owned by company insiders.

About UIL

(Get Free Report)

UIL Limited is a closed-ended equity mutual fund launched and managed by ICM Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure, utility, and related sectors including water, sewerage, waste, electricity, gas, telecommunications, ports, airports, service, rail, roads, and any business with essential service or monopolistic characteristics.