Insider Buying: Utilico Emerging Markets Trust (LON:UEM) Insider Buys 4,020 Shares

Utilico Emerging Markets Trust PLC (LON:UEM) insider Mark Bridgeman acquired 4,020 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was purchased at an average price of GBX 284 per share, with a total value of £11,416.80.

Utilico Emerging Markets Trust Price Performance

UEM stock opened at GBX 284.90 on Wednesday. The firm has a 50 day moving average price of GBX 286.07 and a 200-day moving average price of GBX 282.34. Utilico Emerging Markets Trust PLC has a 52-week low of GBX 239.88 and a 52-week high of GBX 302. The firm has a market capitalization of £494.92 million, a price-to-earnings ratio of 10.54 and a beta of 0.38. The company has a debt-to-equity ratio of 3.96, a quick ratio of 0.41 and a current ratio of 1.09.

Utilico Emerging Markets Trust (LON:UEM) last released its earnings results on Friday, June 19th. The company reported GBX 13.57 EPS for the quarter. The business 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%.

Analysts Set New Price Targets

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

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.