Utilico Emerging Markets Trust (LON:UEM) Reaches New 1-Year High – Should You Buy?

Shares of Utilico Emerging Markets Trust PLC (LON:UEM) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 283 and last traded at GBX 280.20, with a volume of 280740 shares. The stock had previously closed at GBX 279.

Utilico Emerging Markets Trust Stock Up 0.4%

The company has a 50-day simple moving average of GBX 268.56 and a 200 day simple moving average of GBX 256.33. The company has a market cap of £499.49 million, a P/E ratio of 10.37 and a beta of 0.59. The company has a current ratio of 0.90, a quick ratio of 0.41 and a debt-to-equity ratio of 3.90.

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

Insiders Place Their Bets

In other news, insider Isabel Liu acquired 2,395 shares of the company’s stock in a transaction that occurred on Monday, December 29th. The shares were bought at an average price of GBX 268 per share, with a total value of £6,418.60. Also, insider Eric St Clair Stobart acquired 3,000 shares of Utilico Emerging Markets Trust stock in a transaction on Friday, January 2nd. The shares were purchased at an average price of GBX 273 per share, for a total transaction of £8,190. Insiders have purchased 9,228 shares of company stock worth $2,499,603 in the last three months. Corporate insiders own 1.66% 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.