Utilico Emerging Markets Trust (LON:UEM) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Utilico Emerging Markets Trust PLC (LON:UEMGet Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 283.80 and traded as low as GBX 276. Utilico Emerging Markets Trust shares last traded at GBX 279, with a volume of 411,046 shares trading hands.

Analyst Ratings Changes

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

Get Our Latest Research Report on Utilico Emerging Markets Trust

Utilico Emerging Markets Trust Price Performance

The company has a debt-to-equity ratio of 3.96, a quick ratio of 0.41 and a current ratio of 1.09. The business has a 50-day simple moving average of GBX 282.81 and a 200 day simple moving average of GBX 283.71. The firm has a market cap of £485.50 million, a P/E ratio of 4.39 and a beta of 0.39.

Utilico Emerging Markets Trust (LON:UEMGet Free Report) last posted its earnings results 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 for the quarter. Utilico Emerging Markets Trust had a return on equity of 21.74% and a net margin of 90.43%.

Insider Buying and Selling

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

About Utilico Emerging Markets Trust

(Get Free Report)

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.

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