Utilico Emerging Markets Trust (LON:UEM) Reaches New 1-Year High – What’s Next?

Utilico Emerging Markets Trust PLC (LON:UEM) shares reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 298 and last traded at GBX 295, with a volume of 1018108 shares changing hands. The stock had previously closed at GBX 294.

Utilico Emerging Markets Trust Stock Performance

The firm has a 50 day moving average of GBX 280.10 and a two-hundred day moving average of GBX 264.24. The company has a debt-to-equity ratio of 3.90, a current ratio of 0.90 and a quick ratio of 0.41. The stock has a market cap of £524.40 million, a PE ratio of 10.92 and a beta of 0.59.

Insider Transactions at Utilico Emerging Markets Trust

In related news, insider Eric St Clair Stobart purchased 3,000 shares of Utilico Emerging Markets Trust stock in a transaction that occurred on Friday, January 2nd. The stock was purchased at an average cost of GBX 273 per share, with a total value of £8,190. Also, insider Mark Bridgeman acquired 3,833 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was bought at an average price of GBX 271 per share, with a total value of £10,387.43. In the last quarter, insiders purchased 9,228 shares of company stock worth $2,499,603. 1.68% of the stock is currently owned by insiders.

Utilico Emerging Markets Trust Company Profile

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.