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UIL Limited Director Purchases Shares, Indicating Confidence

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UIL Limited Director Purchases Shares, Indicating Confidence

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The latest announcement is out from UIL Ltd ( (GB:UTL) ).

UIL Limited has announced a transaction involving Alison Hill, a Non-executive Director, who has purchased 7,165 ordinary shares at a price of 142.50p each. This transaction, conducted on the London Stock Exchange, reflects a significant investment by a member of the company’s board, potentially signaling confidence in the company’s future prospects.

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: 11,083

Technical Sentiment Signal: Buy

See more data about UTL stock on TipRanks’ Stock Analysis page.

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