UIL (LON:UTL) Announces Earnings Results

UIL (LON:UTL) posted its quarterly earnings data on Friday. The company reported GBX 12.80 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 Price Performance

UTL stock remained flat at GBX 175 during midday trading on Friday. The company’s stock had a trading volume of 6,205 shares, compared to its average volume of 9,796. UIL has a twelve month low of GBX 98 and a twelve month high of GBX 185.12. The stock has a market cap of £158.27 million, a price-to-earnings ratio of 15.65 and a beta of 0.80. The company’s 50-day moving average price is GBX 158.31 and its two-hundred day moving average price is GBX 150.81.

Wall Street Analysts Forecast Growth

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

Insider Activity

In related news, insider Stuart J. Bridges purchased 8,835 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were purchased at an average cost of GBX 156 per share, for a total transaction of £13,782.60. Also, insider David Shillson purchased 6,535 shares of UIL stock in a transaction that occurred on Monday, January 5th. The stock was bought at an average cost of GBX 156 per share, for a total transaction of £10,194.60. Over the last ninety days, insiders purchased 23,807 shares of company stock valued at $3,713,892. 1.72% of the stock is currently owned by company insiders.

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.