Utilico Emerging Markets Trust (LON:UEM) Announces Earnings Results

Utilico Emerging Markets Trust (LON:UEM) posted its earnings results on Wednesday. The company reported GBX 8.15 earnings per share 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 Stock Performance

Shares of LON UEM opened at GBX 261 on Wednesday. Utilico Emerging Markets Trust has a 1-year low of GBX 190.04 and a 1-year high of GBX 266. The business has a fifty day moving average price of GBX 254.07 and a 200 day moving average price of GBX 245.53. The stock has a market capitalization of £468.66 million, a P/E ratio of -29.46 and a beta of 0.59. The company has a debt-to-equity ratio of 3.90, a current ratio of 0.90 and a quick ratio of 0.41.

Insider Buying and Selling

In other news, 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 price of GBX 255 per share, for a total transaction of £7,140. Also, insider Isabel Liu bought 2,544 shares of the stock in a transaction on Wednesday, October 1st. The stock was purchased at an average price of GBX 254 per share, with a total value of £6,461.76. Insiders have purchased 12,433 shares of company stock worth $3,160,782 over the last ninety days. 1.65% of the stock is currently owned by company 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.