Utilico Emerging Markets Trust PLC (LON:UEM)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $231.74 and traded as low as $220.67. Utilico Emerging Markets Trust shares last traded at $223.25, with a volume of 22,484 shares traded.
The stock’s fifty day moving average price is GBX 230.40 and its 200-day moving average price is GBX 231.74. The company has a debt-to-equity ratio of 6.62, a current ratio of 3.72 and a quick ratio of 3.72. The firm has a market cap of $503.25 million and a price-to-earnings ratio of 4.78.
The company also recently declared a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, November 28th will be given a GBX 1.93 ($0.03) dividend. This represents a dividend yield of 0.83%. The ex-dividend date of this dividend is Thursday, November 28th. This is an increase from Utilico Emerging Markets Trust’s previous dividend of $1.80. Utilico Emerging Markets Trust’s dividend payout ratio is 0.17%.
In other Utilico Emerging Markets Trust news, insider Anthony Muh acquired 3,510 shares of Utilico Emerging Markets Trust stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of GBX 240 ($3.14) per share, with a total value of £8,424 ($11,007.45). Also, insider Eric St Clair Stobart acquired 4,750 shares of Utilico Emerging Markets Trust stock in a transaction that occurred on Monday, October 14th. The stock was acquired at an average cost of GBX 237 ($3.10) per share, with a total value of £11,257.50 ($14,709.92).
About Utilico Emerging Markets Trust (LON:UEM)
Utilico Emerging Markets Trust PLC is a closed-ended balanced mutual fund launched and managed by ICM Investment Management Limited. The fund is co-managed by ICM Limited. It invests in the public equity and fixed income markets of emerging market countries across the globe. The fund seeks to invest in securities of companies operating in the infrastructure, utility, and related sectors.
Recommended Story: How to invest in a bear market
Receive News & Ratings for Utilico Emerging Markets Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Utilico Emerging Markets Trust and related companies with MarketBeat.com's FREE daily email newsletter.