UIL (LON:UTL) Issues Quarterly Earnings Results

UIL (LON:UTL) posted its quarterly 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 Up 0.2%

Shares of LON UTL opened at GBX 207.48 on Friday. The stock has a market capitalization of £187.57 million, a price-to-earnings ratio of 4.31 and a beta of 0.61. The stock’s fifty day simple moving average is GBX 201.51 and its 200 day simple moving average is GBX 201.05. UIL has a 52-week low of GBX 135 and a 52-week high of GBX 214.

Insider Transactions at UIL

In related news, insider Stuart J. Bridges purchased 6,701 shares of the firm’s stock in a transaction that occurred 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. Also, insider Peter Durhager purchased 6,400 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was bought at an average cost of GBX 206 per share, for a total transaction of £13,184. Insiders have purchased 18,058 shares of company stock valued at $3,719,948 over the last three months. Company 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.