Utilico Emerging Markets Trust (LON:UEM) Sets New 52-Week High – Should You Buy?

Utilico Emerging Markets Trust PLC (LON:UEM) shares hit a new 52-week high on Friday . The company traded as high as GBX 300 and last traded at GBX 300, with a volume of 67997 shares traded. The stock had previously closed at GBX 296.

Utilico Emerging Markets Trust Stock Performance

The company has a current ratio of 0.28, a quick ratio of 0.41 and a debt-to-equity ratio of 4.19. The stock’s 50 day moving average price is GBX 283.74 and its two-hundred day moving average price is GBX 272.07. The firm has a market capitalization of £527.71 million, a PE ratio of 11.10 and a beta of 0.33.

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.