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UIL Ltd ( (GB:UTL) ) has issued an announcement.
UIL Limited reported a slight decline in its net asset value total return by 0.4% in May, underperforming the FTSE All Share Index which rose by 4.1%. Despite this, the company maintained stability in its portfolio, with no changes to its top ten holdings. The company’s largest holding, Resimac, saw a minor share price decline, while Utilico Emerging Markets experienced a significant increase. Kumarina’s gold project remains on track, and the company’s ordinary shares remained stable, with a slight increase in ZDP shares.
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: 8,545
Technical Sentiment Signal: Hold
For an in-depth examination of UTL stock, go to TipRanks’ Overview page.