UIL (LON:UTL) Stock Crosses Below Two Hundred Day Moving Average of $104.74

Shares of UIL Limited (LON:UTL) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 104.74 ($1.40) and traded as low as GBX 95 ($1.27). UIL shares last traded at GBX 99 ($1.32), with a volume of 35,041 shares changing hands.

UIL Stock Performance

The firm has a market cap of £82.92 million, a price-to-earnings ratio of -353.57 and a beta of 0.82. The firm has a 50-day moving average price of GBX 102.13 and a two-hundred day moving average price of GBX 104.74.

UIL Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, September 26th will be given a dividend of GBX 2 ($0.03) per share. This represents a yield of 2.05%. The ex-dividend date is Thursday, September 26th. UIL’s dividend payout ratio (DPR) is -2,857.14%.

Insiders Place Their Bets

In related news, insider Peter Durhager bought 11,923 shares of the stock in a transaction on Friday, July 5th. The shares were bought at an average cost of GBX 105 ($1.40) per share, for a total transaction of £12,519.15 ($16,710.02). 77.94% of the stock is currently owned by corporate 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.