UIL (LON:UTL) Stock Price Passes Below Two Hundred Day Moving Average of $113.19

UIL Limited (LON:UTL)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 113.19 ($1.44) and traded as low as GBX 101 ($1.28). UIL shares last traded at GBX 104.70 ($1.33), with a volume of 8,702 shares changing hands.

UIL Price Performance

The stock has a market capitalization of £86.77 million, a P/E ratio of -195.28 and a beta of 0.74. The business’s 50 day simple moving average is GBX 104.53 and its two-hundred day simple moving average is GBX 113.16.

UIL Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, July 31st. Investors of record on Thursday, July 4th will be given a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 1.93%. The ex-dividend date is Thursday, July 4th. UIL’s payout ratio is currently -1,509.43%.

Insider Activity at UIL

In other news, insider Alison Hill purchased 8,628 shares of the company’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were bought at an average cost of GBX 112 ($1.42) per share, with a total value of £9,663.36 ($12,258.48). 77.79% of the stock is owned by insiders.

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.