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

Key Points

• Utilico Emerging Markets Trust PLC (LON:UEM) reached a new 52-week high of GBX 255 ($3.43), marking an increase in trading volume to 233,641 shares.
• The company focuses on investing in infrastructure and utility sectors primarily in emerging markets across Asia, Latin America, Emerging Europe, and Africa.
• Utilico Emerging Markets Trust has a market capitalization of £463.55 million and a notably high price-to-earnings ratio of -2,878.10.

Utilico Emerging Markets Trust PLC (LON:UEM - ) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 255 ($3.43) and last traded at GBX 255 ($3.43), with a volume of 233641 shares changing hands. The stock had previously closed at GBX 254 ($3.41).

Utilico Emerging Markets Trust Stock Up 0.4%

The company has a market capitalization of £463.55 million, a price-to-earnings ratio of -2,878.10 and a beta of 0.59. The business's 50-day moving average is GBX 248.34 and its 200-day moving average is GBX 234.49. The company has a quick ratio of 0.41, a current ratio of 0.90 and a debt-to-equity ratio of 3.90.

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.

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