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

Utilico Emerging Markets Trust PLC (LON:UEM)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 265 and last traded at GBX 265, with a volume of 124583 shares traded. The stock had previously closed at GBX 260.

Utilico Emerging Markets Trust Trading Up 1.9%

The company has a debt-to-equity ratio of 3.90, a current ratio of 0.90 and a quick ratio of 0.41. The firm has a market capitalization of £475.84 million, a PE ratio of -29.91 and a beta of 0.59. The stock’s 50-day moving average price is GBX 252.27 and its 200 day moving average price is GBX 243.58.

Insider Buying and Selling at Utilico Emerging Markets Trust

In other Utilico Emerging Markets Trust news, insider Eric St Clair Stobart purchased 3,000 shares of the stock in a transaction dated Wednesday, October 1st. The stock was purchased at an average price of GBX 254 per share, with a total value of £7,620. Also, insider Isabel Liu acquired 2,544 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were acquired at an average cost of GBX 254 per share, for a total transaction of £6,461.76. Over the last quarter, insiders acquired 12,433 shares of company stock worth $3,160,782. Company insiders own 1.65% of the company’s stock.

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.