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

Shares of Utilico Emerging Markets Trust PLC (LON:UEM) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 262.66 and traded as high as GBX 292. Utilico Emerging Markets Trust shares last traded at GBX 290.62, with a volume of 946,548 shares traded.

Utilico Emerging Markets Trust Stock Performance

The company has a market capitalization of £516.61 million, a PE ratio of 10.76 and a beta of 0.59. The stock’s 50-day simple moving average is GBX 277.77 and its 200 day simple moving average is GBX 262.66. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.41 and a current ratio of 0.90.

Utilico Emerging Markets Trust (LON:UEM) last announced its quarterly earnings data on Wednesday, November 19th. The company reported GBX 8.15 earnings per share (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

In related news, insider Isabel Liu acquired 2,395 shares of the business’s stock in a transaction dated Monday, December 29th. The shares were acquired at an average cost of GBX 268 per share, for a total transaction of £6,418.60. Also, insider Mark Bridgeman bought 3,833 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was bought at an average price of GBX 271 per share, with a total value of £10,387.43. Over the last ninety days, insiders have acquired 9,228 shares of company stock worth $2,499,603. 1.68% of the stock is owned by company insiders.

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.