Utilico Emerging Markets Trust (LON:UEM) Reaches New 12-Month High – Time to Buy?

Utilico Emerging Markets Trust PLC (LON:UEMGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as GBX 283 and last traded at GBX 280.20, with a volume of 280740 shares traded. The stock had previously closed at GBX 279.

Utilico Emerging Markets Trust Stock Down 1.0%

The company has a debt-to-equity ratio of 3.90, a current ratio of 0.90 and a quick ratio of 0.41. The stock has a market capitalization of £502.74 million, a PE ratio of 10.44 and a beta of 0.59. The company has a 50 day moving average price of GBX 269.71 and a 200-day moving average price of GBX 256.96.

Utilico Emerging Markets Trust (LON:UEMGet Free Report) last announced its quarterly earnings results 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

In related news, insider Eric St Clair Stobart purchased 3,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were purchased at an average cost of GBX 273 per share, with a total value of £8,190. Also, insider Isabel Liu purchased 2,395 shares of the business’s stock in a transaction that occurred on Monday, December 29th. The stock was bought at an average price of GBX 268 per share, for a total transaction of £6,418.60. Insiders have bought a total of 9,228 shares of company stock valued at $2,499,603 over the last ninety days. Company insiders own 1.66% of the company’s stock.

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.

See Also

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.