Utilico Emerging Markets Trust (LON:UEM) Hits New 52-Week High – Should You Buy?

Utilico Emerging Markets Trust PLC (LON:UEM)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as GBX 266 and last traded at GBX 266, with a volume of 77838 shares. The stock had previously closed at GBX 261.

Utilico Emerging Markets Trust Price Performance

The company has a current ratio of 0.90, a quick ratio of 0.41 and a debt-to-equity ratio of 3.90. The company has a 50 day moving average of GBX 255.45 and a 200-day moving average of GBX 247. The firm has a market capitalization of £477.64 million, a P/E ratio of -30.02 and a beta of 0.59.

Utilico Emerging Markets Trust (LON:UEM) last posted its quarterly earnings data on Wednesday, November 19th. The company reported GBX 8.15 earnings per share 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 acquired 2,800 shares of the business’s 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 Mark Bridgeman bought 4,089 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were acquired at an average price of GBX 254 per share, for a total transaction of £10,386.06. Insiders have acquired 12,433 shares of company stock worth $3,160,782 over the last quarter. Company insiders own 1.65% 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.