Utilico Emerging Markets Trust (LON:UEM) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

Utilico Emerging Markets Trust PLC (LON:UEM)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 284.02 and traded as low as GBX 284. Utilico Emerging Markets Trust shares last traded at GBX 287, with a volume of 133,815 shares changing hands.

Analyst Upgrades and Downgrades

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

Utilico Emerging Markets Trust Stock Down 1.0%

The stock has a 50 day moving average of GBX 284.89 and a 200-day moving average of GBX 284.02. The firm has a market capitalization of £490.97 million, a P/E ratio of 4.44 and a beta of 0.39. The company has a debt-to-equity ratio of 3.96, a quick ratio of 0.41 and a current ratio of 1.09.

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

Insider Activity at Utilico Emerging Markets Trust

In other Utilico Emerging Markets Trust news, insider Eric St Clair Stobart purchased 2,750 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were bought at an average cost of GBX 286 per share, for a total transaction of £7,865. Also, insider Isabel Liu acquired 2,306 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The stock was acquired at an average cost of GBX 287 per share, with a total value of £6,618.22. In the last ninety days, insiders have acquired 9,076 shares of company stock worth $2,590,002. 1.74% of the stock is owned by corporate insiders.

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.