UIL (LON:UTL) Releases Quarterly Earnings Results

UIL (LON:UTL) posted its quarterly earnings results on Tuesday. The company reported GBX 11.91 EPS for the quarter, Digital Look Earnings reports. UIL had a net margin of 156.15% and a negative return on equity of 16.21%.

UIL Trading Up 2.1%

LON:UTL opened at GBX 145 on Thursday. The stock has a market capitalization of £134.11 million, a price-to-earnings ratio of -631.81 and a beta of 0.80. The firm has a fifty day simple moving average of GBX 131.27 and a two-hundred day simple moving average of GBX 120.75. UIL has a 12 month low of GBX 92 and a 12 month high of GBX 147.

Insider Buying and Selling at UIL

In other UIL news, insider Alison Hill acquired 8,198 shares of UIL stock in a transaction dated Friday, July 4th. The stock was purchased at an average cost of GBX 120 per share, for a total transaction of £9,837.60. Also, insider David Shillson acquired 8,198 shares of UIL stock in a transaction dated Friday, July 4th. The shares were acquired at an average price of GBX 120 per share, with a total value of £9,837.60. Insiders have bought 71,323 shares of company stock valued at $9,290,678 over the last three months. Corporate insiders own 1.55% of the company’s stock.

About UIL

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.