Utilico Emerging Markets Trust (LON:UEM) Insider Acquires 4,020 Shares

Utilico Emerging Markets Trust PLC (LON:UEM) insider Mark Bridgeman acquired 4,020 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were bought at an average price of GBX 284 per share, with a total value of £11,416.80.

Utilico Emerging Markets Trust Price Performance

LON UEM opened at GBX 284.90 on Wednesday. Utilico Emerging Markets Trust PLC has a 12 month low of GBX 239.88 and a 12 month high of GBX 302. The stock has a market cap of £494.92 million, a price-to-earnings ratio of 10.54 and a beta of 0.38. The company’s 50 day moving average is GBX 286.07 and its two-hundred day moving average is GBX 282.34. 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 posted its quarterly earnings results on Friday, June 19th. The company reported GBX 13.57 earnings per share for the quarter. The business 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%.

Wall Street Analyst Weigh In

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

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.