UIL (LON:UTL) Shares Down 1.3% – What’s Next?

UIL Limited (LON:UTL) shares fell 1.3% during trading on Friday . The stock traded as low as GBX 104 ($1.33) and last traded at GBX 110 ($1.40). 6,315 shares were traded 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 Trading Down 1.3 %

The stock has a market cap of £92.14 million, a P/E ratio of -366.67 and a beta of 0.80. The stock’s fifty day moving average price is GBX 106.27 and its 200 day moving average price is GBX 103.88.

UIL Dividend Announcement

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

Insider Buying and Selling at UIL

In related news, insider Stuart J. Bridges purchased 12,449 shares of the business’s stock in a transaction on Thursday, October 10th. The stock was acquired at an average price of GBX 107 ($1.36) per share, with a total value of £13,320.43 ($16,977.35). Company insiders own 77.99% of the company’s stock.

About UIL

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.