Utilico Emerging Markets Trust (LON:UEM) Reaches New 1-Year High – Time to Buy?

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

Utilico Emerging Markets Trust Stock Up 1.1%

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 company has a market capitalization of £486.80 million, a P/E ratio of 10.10 and a beta of 0.59. The stock has a 50 day moving average price of GBX 264.41 and a 200 day moving average price of GBX 253.69.

Utilico Emerging Markets Trust (LON:UEM) last announced its quarterly earnings results 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 bought 2,395 shares of Utilico Emerging Markets Trust stock in a transaction that occurred on 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 Eric St Clair Stobart bought 3,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were purchased at an average cost of GBX 273 per share, with a total value of £8,190. Insiders have purchased a total of 9,228 shares of company stock valued at $2,499,603 over the last ninety days. 1.66% of the stock is owned by company 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.