Utilico Emerging Markets Trust (LON:UEM) Hits New 12-Month High – Time to Buy?

Utilico Emerging Markets Trust PLC (LON:UEM) reached a new 52-week high on Wednesday . The company traded as high as GBX 277.35 and last traded at GBX 270, with a volume of 268853 shares. The stock had previously closed at GBX 272.

Utilico Emerging Markets Trust Trading Down 0.7%

The business has a fifty day moving average price of GBX 259.75 and a two-hundred day moving average price of GBX 250.92. 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 firm has a market capitalization of £481.41 million, a PE ratio of 9.99 and a beta of 0.59.

Utilico Emerging Markets Trust (LON:UEM) last posted 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 Transactions at Utilico Emerging Markets Trust

In other news, insider Isabel Liu acquired 2,544 shares of the company’s stock in a transaction dated Wednesday, October 1st. The stock was acquired at an average cost of GBX 254 per share, with a total value of £6,461.76. Also, insider Nadya Wells acquired 2,800 shares of the business’s 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. Insiders purchased 12,433 shares of company stock worth $3,160,782 in the last ninety days. 1.66% of the stock is 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.