UIL (LON:UTL) Sets New 12-Month Low at $103.15

UIL Limited (LON:UTL)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 103.15 ($1.28) and last traded at GBX 103.15 ($1.28), with a volume of 125432 shares traded. The stock had previously closed at GBX 105 ($1.31).

UIL Trading Up 2.4 %

The company has a 50-day simple moving average of GBX 111.70 and a 200 day simple moving average of GBX 118.03. The firm has a market cap of £89.29 million, a PE ratio of -200.94 and a beta of 0.74.

UIL Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, June 4th. Shareholders of record on Thursday, May 9th will be given a GBX 2 ($0.02) dividend. The ex-dividend date is Thursday, May 9th. This represents a yield of 1.71%. UIL’s dividend payout ratio is presently -1,509.43%.

Insiders Place Their Bets

In related news, insider Alison Hill acquired 8,628 shares of the stock in a transaction on Tuesday, April 2nd. The shares were acquired at an average price of GBX 112 ($1.39) per share, for a total transaction of £9,663.36 ($12,029.58). Insiders own 77.76% of the company’s stock.

About UIL

UIL Limited is a closed-ended equity mutual fund launched and managed by ICM Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure, utility, and related sectors including water, sewerage, waste, electricity, gas, telecommunications, ports, airports, service, rail, roads, and any business with essential service or monopolistic characteristics.