Utilico Emerging Markets Trust (LON:UEM) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Utilico Emerging Markets Trust PLC (LON:UEM)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 283.08 and traded as low as GBX 282.24. Utilico Emerging Markets Trust shares last traded at GBX 288, with a volume of 274,835 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “house stock” rating on shares of Utilico Emerging Markets Trust in a report on Friday, June 19th.

Utilico Emerging Markets Trust Stock Performance

The company has a debt-to-equity ratio of 3.96, a current ratio of 1.09 and a quick ratio of 0.41. The company has a market cap of £496.23 million, a price-to-earnings ratio of 4.49 and a beta of 0.55. The stock has a 50-day moving average price of GBX 285.13 and a 200 day moving average price of GBX 283.08.

Utilico Emerging Markets Trust (LON:UEM) last issued its quarterly earnings data on Friday, June 19th. The company reported GBX 13.57 earnings per share (EPS) for the quarter. The business had revenue of GBX 3,068 million during the quarter. Utilico Emerging Markets Trust had a return on equity of 21.74% and a net margin of 90.43%.

Insider Buying and Selling at Utilico Emerging Markets Trust

In related news, insider Eric St Clair Stobart bought 2,750 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were acquired at an average price of GBX 286 per share, for a total transaction of £7,865. Also, insider Mark Bridgeman purchased 4,020 shares of Utilico Emerging Markets Trust stock in a transaction that occurred on Wednesday, July 1st. The shares were bought at an average cost of GBX 284 per share, with a total value of £11,416.80. In the last three months, insiders have acquired 9,076 shares of company stock worth $2,590,002. Insiders own 1.74% of the company’s stock.

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.