Utilico Emerging Markets Trust (LON:UEM) Reaches New 52-Week High – What’s Next?

Utilico Emerging Markets Trust PLC (LON:UEM)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 281 and last traded at GBX 281, with a volume of 116209 shares changing hands. The stock had previously closed at GBX 274.02.

Utilico Emerging Markets Trust Price Performance

The firm has a 50 day moving average of GBX 265.72 and a 200-day moving average of GBX 254.57. The company has a current ratio of 0.90, a quick ratio of 0.41 and a debt-to-equity ratio of 3.90. The company has a market cap of £497.39 million, a P/E ratio of 10.33 and a beta of 0.59.

Utilico Emerging Markets Trust (LON:UEM) last released its earnings results on Wednesday, November 19th. The company reported GBX 8.15 EPS for the quarter. Utilico Emerging Markets Trust had a net margin of 63.48% and a return on equity of 4.12%.

Insider Buying and Selling at Utilico Emerging Markets Trust

In other news, insider Isabel Liu purchased 2,395 shares of the business’s stock in a transaction on Monday, December 29th. The stock was acquired at an average price of GBX 268 per share, for a total transaction of £6,418.60. Also, insider Eric St Clair Stobart acquired 3,000 shares of the firm’s stock in a transaction dated Friday, January 2nd. The shares were purchased at an average cost of GBX 273 per share, for a total transaction of £8,190. Insiders bought 9,228 shares of company stock worth $2,499,603 in the last quarter. 1.66% of the stock is owned by corporate insiders.

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.