Utilico Emerging Markets Trust (LON:UEM) Hits New 52-Week High – Here’s What Happened

Shares of Utilico Emerging Markets Trust PLC (LON:UEM) reached a new 52-week high on Tuesday . The company traded as high as GBX 271 and last traded at GBX 270, with a volume of 206958 shares. The stock had previously closed at GBX 268.

Utilico Emerging Markets Trust Stock Down 1.8%

The firm has a 50 day moving average price of GBX 257.71 and a 200-day moving average price of GBX 248.72. The firm has a market cap of £483.03 million, a price-to-earnings ratio of -30.36 and a beta of 0.59. The company has a debt-to-equity ratio of 3.90, a current ratio of 0.90 and a quick ratio of 0.41.

Utilico Emerging Markets Trust (LON:UEM) last announced its quarterly earnings data on Wednesday, November 19th. The company reported GBX 8.15 EPS for the quarter. Utilico Emerging Markets Trust had a return on equity of 4.12% and a net margin of 63.48%.

Insider Buying and Selling at Utilico Emerging Markets Trust

In other Utilico Emerging Markets Trust news, insider Nadya Wells bought 2,800 shares of the stock in a transaction on Wednesday, October 1st. The stock was purchased at an average price of GBX 255 per share, with a total value of £7,140. Also, insider Isabel Liu bought 2,544 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were acquired at an average price of GBX 254 per share, with a total value of £6,461.76. In the last three months, insiders acquired 12,433 shares of company stock valued at $3,160,782. 1.65% of the stock is currently 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.