UIL (LON:UTL) Share Price Crosses Above 200 Day Moving Average - Time to Sell?

Shares of UIL Limited (LON:UTL - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 105.56 ($1.31) and traded as high as GBX 114.50 ($1.42). UIL shares last traded at GBX 113.75 ($1.41), with a volume of 836 shares.

UIL Price Performance

The stock has a market capitalization of £95.49 million, a P/E ratio of -380.00 and a beta of 0.80. The stock's 50-day simple moving average is GBX 111.01 and its 200 day simple moving average is GBX 105.79.

UIL Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 17th. Stockholders of record on Thursday, January 2nd were issued a dividend of GBX 2 ($0.02) per share. This represents a dividend yield of 1.82%. The ex-dividend date was Thursday, January 2nd. UIL's dividend payout ratio is presently -2,666.67%.

Insider Transactions at UIL

In other UIL news, insider Stuart J. Bridges acquired 11,483 shares of the business's stock in a transaction on Monday, January 20th. The stock was purchased at an average price of GBX 116 ($1.44) per share, with a total value of £13,320.28 ($16,542.82). 77.99% of the stock is owned by corporate insiders.

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.