TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
UIL Ltd ( (GB:UTL) ) has provided an announcement.
UIL Limited, a company involved in financial transactions, has announced the purchase and cancellation of 109,000 of its own ordinary shares at a price of 183.47p per share. This transaction reduces the total number of ordinary shares with voting rights to 91,439,346, which shareholders can use as a reference for determining changes in their interest in the company under the FCA’s Disclosure and Transparency Rules.
Spark’s Take on GB:UTL Stock
According to Spark, TipRanks’ AI Analyst, GB:UTL is a Neutral.
The stock score reflects significant financial difficulties characterized by negative income and inconsistent cash flows. Despite a stable technical analysis and positive corporate events indicating insider confidence, the negative P/E ratio and need for strategic improvements weigh heavily on the score.
To see Spark’s full report on GB:UTL stock, click here.
More about UIL Ltd
Average Trading Volume: 20,454
Technical Sentiment Signal: Buy
Learn more about UTL stock on TipRanks’ Stock Analysis page.