UIL (LON:UTL) Issues Earnings Results

UIL (LON:UTL) issued 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 Stock Performance

Shares of LON UTL traded up GBX 0.48 during midday trading on Friday, hitting GBX 207.48. 5,738 shares of the stock traded hands, compared to its average volume of 10,144. The firm has a 50-day moving average of GBX 201.36 and a two-hundred day moving average of GBX 201. The firm has a market capitalization of £187.57 million, a P/E ratio of 4.31 and a beta of 0.61. UIL has a one year low of GBX 135 and a one year high of GBX 214.

Insider Buying and Selling

In other news, insider Stuart J. Bridges acquired 6,701 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was bought at an average price of GBX 206 per share, with a total value of £13,804.06. Also, insider David Shillson acquired 4,957 shares of UIL stock in a transaction that occurred on Wednesday, July 1st. The shares were purchased at an average price of GBX 206 per share, with a total value of £10,211.42. Insiders bought 18,058 shares of company stock valued at $3,719,948 over the last 90 days. Company insiders own 1.88% of the company’s stock.

UIL Company Profile

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.