UIL (LON:UTL) Posts Earnings Results

UIL (LON:UTL) issued its quarterly earnings results on Friday. The company reported GBX 17.65 earnings per share for the quarter, Digital Look Earnings reports. UIL had a net margin of 88.21% and a return on equity of 29.87%.

UIL Stock Performance

UTL traded up GBX 0.48 during midday trading on Friday, reaching GBX 207.48. The company had a trading volume of 5,738 shares, compared to its average volume of 10,144. The stock has a market cap of £187.57 million, a PE ratio of 4.31 and a beta of 0.61. UIL has a 12-month low of GBX 135 and a 12-month high of GBX 214. The business has a 50-day moving average price of GBX 201.36 and a two-hundred day moving average price of GBX 201.

Insider Transactions at UIL

In other news, insider Stuart J. Bridges acquired 6,701 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were acquired at an average price of GBX 206 per share, for a total transaction of £13,804.06. Also, insider Peter Durhager acquired 6,400 shares of UIL stock in a transaction on Wednesday, July 1st. The shares were purchased at an average cost of GBX 206 per share, with a total value of £13,184. Insiders purchased a total of 18,058 shares of company stock worth $3,719,948 in the last quarter. Insiders own 1.88% 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.