Utilico Emerging Markets Trust (LON:UEM) Given House Stock Rating at Shore Capital Group

Utilico Emerging Markets Trust (LON:UEM)‘s stock had its “house stock” rating reissued by equities research analysts at Shore Capital Group in a research report issued on Friday,Digital Look reports.

Utilico Emerging Markets Trust Price Performance

UEM stock opened at GBX 285.88 on Friday. The firm has a market cap of £496.61 million, a price-to-earnings ratio of 10.58 and a beta of 0.38. The company has a quick ratio of 0.41, a current ratio of 0.28 and a debt-to-equity ratio of 4.19. Utilico Emerging Markets Trust has a 12-month low of GBX 238.10 and a 12-month high of GBX 302. The company’s fifty day simple moving average is GBX 287.02 and its 200 day simple moving average is GBX 281.34.

Utilico Emerging Markets Trust (LON:UEM) last issued 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 9.96% and a net margin of 80.51%.The firm had revenue of GBX 3,068 million during the quarter.

About Utilico Emerging Markets Trust

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.