UIL (LON:UTL) Releases Quarterly Earnings Results

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

UIL Price Performance

Shares of UTL stock traded up GBX 0.48 during trading hours on Friday, hitting GBX 207.48. 5,738 shares of the company’s stock were exchanged, compared to its average volume of 10,144. UIL has a 52 week low of GBX 135 and a 52 week high of GBX 214. The stock has a market cap of £187.57 million, a price-to-earnings ratio of 4.31 and a beta of 0.61. The stock’s 50-day moving average is GBX 201.36 and its 200-day moving average is GBX 201.

Insiders Place Their Bets

In related news, insider David Shillson acquired 4,957 shares of the stock in a transaction on Wednesday, July 1st. The stock was purchased at an average price of GBX 206 per share, for a total transaction of £10,211.42. Also, insider Peter Durhager bought 6,400 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was bought at an average cost of GBX 206 per share, with a total value of £13,184. Insiders have purchased a total of 18,058 shares of company stock valued at $3,719,948 in the last 90 days. 1.88% of the stock is currently owned by 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.