UIL (LON:UTL) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

UIL Limited (LON:UTL) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 103.04 ($1.34) and traded as low as GBX 98.55 ($1.28). UIL shares last traded at GBX 109.40 ($1.42), with a volume of 15,426 shares.

UIL Trading Up 6.6 %

The company has a fifty day simple moving average of GBX 100.04 and a two-hundred day simple moving average of GBX 103.07. The company has a market cap of £94.65 million, a PE ratio of -376.67 and a beta of 0.80.

UIL Dividend Announcement

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

Insider Buying and Selling

In other news, insider Stuart J. Bridges acquired 12,449 shares of UIL stock in a transaction dated Thursday, October 10th. The shares were acquired at an average cost of GBX 107 ($1.39) per share, for a total transaction of £13,320.43 ($17,274.58). 77.99% 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.