UIL (LON:UTL) Issues Earnings Results

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

UIL Stock Up 0.2%

LON:UTL traded up GBX 0.48 during mid-day trading on Friday, hitting GBX 207.48. 5,738 shares of the stock traded hands, compared to its average volume of 10,144. The business’s 50-day moving average price is GBX 201.51 and its 200 day moving average price is GBX 201.05. The company 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.

Insiders Place Their Bets

In other UIL news, insider David Shillson acquired 4,957 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were bought at an average price of GBX 206 per share, for a total transaction of £10,211.42. Also, insider Stuart J. Bridges bought 6,701 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was acquired at an average price of GBX 206 per share, for a total transaction of £13,804.06. Insiders have bought 18,058 shares of company stock worth $3,719,948 in the last three months. 1.88% of the stock is currently owned by corporate 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.