Utilico Emerging Markets Trust (LON:UEM) Sets New 52-Week High – Here’s Why

Utilico Emerging Markets Trust PLC (LON:UEM)’s stock price reached a new 52-week high on Tuesday . The company traded as high as GBX 301 and last traded at GBX 301, with a volume of 870 shares. The stock had previously closed at GBX 290.

Utilico Emerging Markets Trust Trading Down 1.4%

The stock’s 50 day moving average is GBX 284.21 and its two-hundred day moving average is GBX 274.72. The company has a market capitalization of £501.32 million, a PE ratio of 10.55 and a beta of 0.33. The company has a quick ratio of 0.41, a current ratio of 0.28 and a debt-to-equity ratio of 4.19.

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.