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

Utilico Emerging Markets Trust PLC (LON:UEM) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 284.77 and traded as low as GBX 271. Utilico Emerging Markets Trust shares last traded at GBX 278.20, with a volume of 215,605 shares changing hands.

Analysts Set New Price Targets

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

Utilico Emerging Markets Trust Stock Performance

The company has a market capitalization of £482.32 million, a P/E ratio of 4.36 and a beta of 0.39. The business has a 50 day moving average price of GBX 284.19 and a 200 day moving average price of GBX 284.73. 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 (LON:UEM) last issued its quarterly earnings data on Friday, June 19th. The company reported GBX 13.57 earnings per share (EPS) 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%.

Insiders Place Their Bets

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

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.