UIL (LON:UTL) Stock Price Down 1.3% - What's Next?

Shares of UIL Limited (LON:UTL - Get Free Report) traded down 1.3% on Friday . The stock traded as low as GBX 104 ($1.33) and last traded at GBX 110 ($1.40). 6,315 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 13,120 shares. The stock had previously closed at GBX 111.50 ($1.42).

UIL Price Performance

The firm has a market capitalization of £92.14 million, a PE ratio of -366.67 and a beta of 0.80. The business's 50 day moving average is GBX 106.27 and its two-hundred day moving average is GBX 103.89.

UIL Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, September 26th were paid a GBX 2 ($0.03) dividend. This represents a dividend yield of 2.05%. The ex-dividend date was Thursday, September 26th. UIL's dividend payout ratio is currently -2,666.67%.

Insider Activity at UIL

In other news, insider Stuart J. Bridges bought 12,449 shares of the stock in a transaction on Thursday, October 10th. The shares were bought at an average price of GBX 107 ($1.36) per share, with a total value of £13,320.43 ($16,981.68). 77.99% of the stock is currently owned by insiders.

UIL Company Profile

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.