Utilico Emerging Markets Trust (LON:UEM) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Utilico Emerging Markets Trust PLC (LON:UEM) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 277.30 and traded as high as GBX 285.83. Utilico Emerging Markets Trust shares last traded at GBX 285, with a volume of 302,435 shares traded.

Utilico Emerging Markets Trust Price Performance

The stock has a 50 day simple moving average of GBX 283.75 and a two-hundred day simple moving average of GBX 277.30. The company has a market cap of £488.25 million, a price-to-earnings ratio of 10.36 and a beta of 0.38. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.28 and a quick ratio of 0.41.

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.