Shares of Utilico Emerging Markets Trust PLC (LON:UEM – Get Free Report) traded up 1.1% during mid-day trading on Monday. The stock traded as high as GBX 283 and last traded at GBX 275. Approximately 617,275 shares traded hands during mid-day trading, an increase of 78% from the average daily volume of 345,954 shares. The stock had previously closed at GBX 272.
Utilico Emerging Markets Trust Stock 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 stock’s 50-day moving average is GBX 282.39 and its 200 day moving average is GBX 284.29. The firm has a market cap of £469.66 million, a P/E ratio of 4.30 and a beta of 0.39.
About Utilico Emerging Markets Trust
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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