Utilico Emerging Markets Trust (LON:UEM) Issues Earnings Results

Utilico Emerging Markets Trust (LON:UEM) released its quarterly earnings results on Friday. The company reported GBX 13.57 EPS for the quarter, Digital Look Earnings reports. Utilico Emerging Markets Trust had a net margin of 80.51% and a return on equity of 9.96%. The business had revenue of GBX 3,068 million during the quarter.

Utilico Emerging Markets Trust Price Performance

Shares of LON UEM opened at GBX 286 on Friday. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.41 and a current ratio of 0.28. The company has a market cap of £496.83 million, a PE ratio of 10.58 and a beta of 0.55. The business has a 50-day simple moving average of GBX 287.08 and a two-hundred day simple moving average of GBX 281.37. Utilico Emerging Markets Trust has a fifty-two week low of GBX 238.10 and a fifty-two week high of GBX 302.

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.

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.