Utilico Emerging Markets Trust (LON:UEM) Sets New 52-Week High - Still a Buy?

Key Points

• Utilico Emerging Markets Trust shares have reached a new 12-month high, trading at GBX 245 ($3.26) with a significant volume of 160,282 shares on record.
• The company reported a net margin of 63.48% and earnings per share of GBX 9.95 ($0.13) for the last quarter, alongside a return on equity of 4.12%.
• Recent insider activity includes purchases of over 11,215 shares by insiders in the last 90 days, indicating confidence in the company's performance.

Utilico Emerging Markets Trust PLC (LON:UEM - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 245 ($3.29) and last traded at GBX 245 ($3.29), with a volume of 160282 shares trading hands. The stock had previously closed at GBX 244 ($3.28).

Utilico Emerging Markets Trust Price Performance

The business's fifty day moving average price is GBX 242.26 and its 200 day moving average price is GBX 226.24. The company has a quick ratio of 0.41, a current ratio of 0.90 and a debt-to-equity ratio of 3.90. The firm has a market capitalization of £469.30 million, a PE ratio of 22.59 and a beta of 0.59.

Utilico Emerging Markets Trust (LON:UEM - Get Free Report) last announced its earnings results on Friday, June 13th. The company reported GBX 9.95 ($0.13) 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 Eric St Clair Stobart bought 3,250 shares of the stock in a transaction on Tuesday, July 1st. The shares were bought at an average cost of GBX 242 ($3.25) per share, for a total transaction of £7,865 ($10,574.08). Also, insider Mark Bridgeman bought 4,675 shares of the stock in a transaction on Tuesday, July 1st. The shares were bought at an average price of GBX 243 ($3.27) per share, for a total transaction of £11,360.25 ($15,273.26). Insiders bought 11,215 shares of company stock valued at $2,725,285 over the last ninety days. Corporate insiders own 1.82% of the company's stock.

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.