Utilico Emerging Markets Trust (LON:UEM) Sets New 52-Week High – Should You Buy?

Utilico Emerging Markets Trust PLC (LON:UEM) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 276 and last traded at GBX 273.02, with a volume of 283037 shares changing hands. The stock had previously closed at GBX 270.

Utilico Emerging Markets Trust Stock Up 0.0%

The company has a current ratio of 0.90, a quick ratio of 0.41 and a debt-to-equity ratio of 3.90. The business’s 50-day simple moving average is GBX 265.36 and its 200-day simple moving average is GBX 254.18. The company has a market capitalization of £484.91 million, a PE ratio of 10.07 and a beta of 0.59.

Utilico Emerging Markets Trust (LON:UEM) last released its quarterly earnings data on Wednesday, November 19th. The company reported GBX 8.15 EPS for the quarter. Utilico Emerging Markets Trust had a net margin of 63.48% and a return on equity of 4.12%.

Insider Buying and Selling at Utilico Emerging Markets Trust

In related news, insider Mark Bridgeman acquired 3,833 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was acquired at an average price of GBX 271 per share, with a total value of £10,387.43. Also, insider Eric St Clair Stobart bought 3,000 shares of the stock in a transaction dated Friday, January 2nd. The stock was bought at an average price of GBX 273 per share, for a total transaction of £8,190. Over the last three months, insiders have acquired 9,228 shares of company stock valued at $2,499,603. 1.66% of the stock is owned by insiders.

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.