UIL (LON:UTL) Shares Cross Above 200 Day Moving Average – Time to Sell?

UIL Limited (LON:UTL) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 149.64 and traded as high as GBX 166.20. UIL shares last traded at GBX 165.60, with a volume of 15,310 shares traded.

Analyst Ratings Changes

Separately, Shore Capital Group reiterated a “house stock” rating on shares of UIL in a report on Wednesday, November 5th.

UIL Trading Down 0.8%

The firm has a fifty day moving average price of GBX 156.77 and a 200 day moving average price of GBX 149.64. The firm has a market cap of £149.77 million, a PE ratio of 14.81 and a beta of 0.80.

Insiders Place Their Bets

In other news, insider David Shillson purchased 6,535 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was acquired at an average price of GBX 156 per share, for a total transaction of £10,194.60. Also, insider Peter Durhager acquired 8,437 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was acquired at an average price of GBX 156 per share, for a total transaction of £13,161.72. Insiders have bought 23,807 shares of company stock valued at $3,713,892 over the last ninety days. Company insiders own 1.72% of the company’s stock.

UIL Company Profile

UIL Limited is focused on uncovering investments with underlying value.

UIL’s investment objective is to maximise shareholder returns by identifying and investing in investments worldwide where the underlying value is not fully recognised.

UIL Limited (formerly Utilico Investments Limited and Utilico Limited) is an exempted closed-end Bermuda incorporated investment company, established as a successor to Utilico Investment Trust plc.