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Utilico Emerging Markets Trust (LON:UEM) Hits New 1-Year High - Here's What Happened

Utilico Emerging Markets Trust logo with Financial Services background

Shares of Utilico Emerging Markets Trust PLC (LON:UEM - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 245 ($3.33) and last traded at GBX 243.78 ($3.31), with a volume of 104179 shares traded. The stock had previously closed at GBX 244 ($3.31).

Utilico Emerging Markets Trust Trading Down 0.1%

The stock has a market cap of £459.46 million, a PE ratio of 22.11 and a beta of 0.59. The company has a 50 day moving average of GBX 235.49 and a two-hundred day moving average of GBX 221.65. 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 - Get Free Report) last announced its earnings results on Friday, June 13th. The company reported GBX 9.95 ($0.14) 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 at Utilico Emerging Markets Trust

In related news, insider Mark Bridgeman acquired 4,675 shares of Utilico Emerging Markets Trust stock in a transaction that occurred on Tuesday, July 1st. The shares were purchased at an average price of GBX 243 ($3.30) per share, for a total transaction of £11,360.25 ($15,433.03). Also, insider Nadya Wells bought 3,290 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was bought at an average price of GBX 244 ($3.31) per share, with a total value of £8,027.60 ($10,905.58). In the last quarter, insiders acquired 11,215 shares of company stock worth $2,725,285. Insiders own 1.82% of the company's stock.

About Utilico Emerging Markets Trust

(Get Free Report)

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.

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