UIL Ltd ( (GB:UTL) ) has shared an update.
UIL Limited has announced the purchase and cancellation of 68,000 ordinary shares, adjusting the total number of shares with voting rights to 92,990,884. This transaction impacts shareholders’ calculations under the FCA’s Disclosure and Transparency Rules, potentially affecting their reporting obligations.
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: 9,106
Technical Sentiment Signal: Hold
Learn more about UTL stock on TipRanks’ Stock Analysis page.