Utilico Emerging Markets Trust (LON:UEM) Releases Quarterly Earnings Results

Utilico Emerging Markets Trust (LON:UEM) announced its earnings results on Wednesday. The company reported GBX 8.15 EPS for the quarter, Digital Look Earnings reports. Utilico Emerging Markets Trust had a return on equity of 4.12% and a net margin of 63.48%.

Utilico Emerging Markets Trust Price Performance

Shares of UEM opened at GBX 261 on Wednesday. The company has a quick ratio of 0.41, a current ratio of 0.90 and a debt-to-equity ratio of 3.90. The business has a fifty day moving average of GBX 254.07 and a 200 day moving average of GBX 245.53. The company has a market cap of £468.66 million, a PE ratio of -29.46 and a beta of 0.59. Utilico Emerging Markets Trust has a 52-week low of GBX 190.04 and a 52-week high of GBX 266.

Insider Activity

In other news, insider Mark Bridgeman purchased 4,089 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were bought at an average cost of GBX 254 per share, for a total transaction of £10,386.06. Also, insider Nadya Wells acquired 2,800 shares of Utilico Emerging Markets Trust stock in a transaction that occurred on Wednesday, October 1st. The stock was purchased at an average cost of GBX 255 per share, for a total transaction of £7,140. In the last ninety days, insiders acquired 12,433 shares of company stock worth $3,160,782. Insiders own 1.65% of the company’s stock.

About Utilico Emerging Markets Trust

Utilico Emerging Markets Trust plc (“UEM”) is a UK closed-end investment trust which is uniquely focused on global infrastructure and utilities megatrends in emerging markets.

UEM’s objective is to provide long-term total return by investing predominantly in infrastructure, utility and related sectors mainly in emerging markets.

UEM’s focus is on the undeveloped and developing markets of Asia, Latin America, Emerging Europe and Africa, while maintaining the flexibility to invest in markets world-wide.