Insider Buying: Utilico Emerging Markets Trust (LON:UEM) Insider Buys 2,750 Shares of Stock

Utilico Emerging Markets Trust PLC (LON:UEM) insider Eric St Clair Stobart acquired 2,750 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was purchased at an average cost of GBX 286 per share, with a total value of £7,865.

Utilico Emerging Markets Trust Stock Performance

Shares of UEM opened at GBX 284.90 on Wednesday. Utilico Emerging Markets Trust PLC has a 1 year low of GBX 239.88 and a 1 year high of GBX 302. The company’s 50 day simple moving average is GBX 286.07 and its 200 day simple moving average is GBX 282.34. The company 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 firm had revenue of GBX 3,068 million during the quarter. Utilico Emerging Markets Trust had a net margin of 90.43% and a return on equity of 21.74%.

Analysts Set New Price Targets

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

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.