UIL (LON:UTL) Releases Quarterly Earnings Results

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

UIL Price Performance

Shares of LON UTL traded up GBX 0.48 during trading hours on Friday, reaching GBX 207.48. The stock had a trading volume of 5,738 shares, compared to its average volume of 10,144. The company has a market cap of £187.57 million, a price-to-earnings ratio of 4.31 and a beta of 0.61. UIL has a twelve month low of GBX 135 and a twelve month high of GBX 214. The business’s fifty day moving average is GBX 201.51 and its two-hundred day moving average is GBX 201.05.

Insiders Place Their Bets

In other UIL news, insider Stuart J. Bridges acquired 6,701 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was bought at an average price of GBX 206 per share, for a total transaction of £13,804.06. Also, insider David Shillson acquired 4,957 shares of UIL stock in a transaction dated Wednesday, July 1st. The shares were acquired at an average cost of GBX 206 per share, with a total value of £10,211.42. Insiders have acquired 18,058 shares of company stock worth $3,719,948 over the last 90 days. Corporate 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.