The stock of UIL FINANCE LIMITED ZDP SHS 2022 5.3180P(DI) (LON:UTLF) hit a new 52-week low and has GBX 95.47 target or 13.00% below today’s GBX 109.74 share price. The 5 months bearish chart indicates high risk for the GBX company. The 1-year low was reported on Nov, 4 by Barchart.com. If the GBX 95.47 price target is reached, the company will be worth GBX less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock increased 0.10% or GBX 0.11 on November 4, hitting GBX 109.74. About 55,845 shares traded hands or 83.91% up from the average. UIL FINANCE LIMITED ZDP SHS 2022 5.3180P(DI) (LON:UTLF) has risen 6.00% since October 5, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.
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