Eric St Clair Stobart Purchases 2,750 Shares of Utilico Emerging Markets Trust (LON:UEM) Stock

Utilico Emerging Markets Trust PLC (LON:UEM) insider Eric St Clair Stobart bought 2,750 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was bought at an average cost of GBX 286 per share, with a total value of £7,865.

Utilico Emerging Markets Trust Price Performance

UEM stock opened at GBX 284.90 on Wednesday. The firm has a 50 day moving average of GBX 286.07 and a 200-day moving average of GBX 282.34. The company has a market cap of £494.92 million, a price-to-earnings ratio of 10.54 and a beta of 0.38. The company has a current ratio of 1.09, a quick ratio of 0.41 and a debt-to-equity ratio of 3.96. Utilico Emerging Markets Trust PLC has a 12-month low of GBX 239.88 and a 12-month high of GBX 302.

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

Analysts Set New Price Targets

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

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.