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UIL Ltd ( (GB:UTL) ) has issued an update.
UIL Limited has a £24.0m loan facility from General Provincial Life Pension Fund Limited (GPLPF), with £13.1m currently drawn. The maturity date for this loan has been extended to 31 March 2026, with all other terms remaining unchanged. This extension reflects UIL’s strategic financial management and its close relationship with GPLPF, which holds a significant share of UIL’s ordinary 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: 10,867
Technical Sentiment Signal: Buy
For detailed information about UTL stock, go to TipRanks’ Stock Analysis page.