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UIL Limited Director Purchases Shares

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UIL Limited Director Purchases Shares

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UIL Ltd ( (GB:UTL) ) has issued an update.

UIL Limited announced a transaction involving Stuart Bridges, a Non-executive Director, who purchased ordinary shares of the company. The transaction took place on the London Stock Exchange with a total of 15,636 shares acquired at a price of 119.00p each, potentially indicating confidence in the company’s future performance.

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: 8,960

Technical Sentiment Signal: Hold

Find detailed analytics on UTL stock on TipRanks’ Stock Analysis page.

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