Utilico Emerging Markets Trust (LON:UEM) Reaches New 12-Month High - Still a Buy?

Key Points

• Utilico Emerging Markets Trust's shares reached a new 52-week high of GBX 254 ($3.43) during trading, reflecting an increase in investor interest.
• The company has a market capitalization of £460.29 million and reported a notable net margin of 63.48% along with a return on equity of 4.12%.
• Recent insider purchases indicate confidence in the company, with insiders acquiring a total of 11,215 shares worth approximately $2.7 million over the last quarter.

Shares of Utilico Emerging Markets Trust PLC (LON:UEM - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 254 ($3.43) and last traded at GBX 252 ($3.40), with a volume of 90228 shares changing hands. The stock had previously closed at GBX 250 ($3.38).

Utilico Emerging Markets Trust Trading Up 0.8%

The company has a market cap of £460.29 million, a price-to-earnings ratio of -2,844.24 and a beta of 0.59. 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 company's 50-day moving average is GBX 245.35 and its 200 day moving average is GBX 230.11.

Utilico Emerging Markets Trust (LON:UEM - Get Free Report) last released its quarterly earnings results on Friday, June 13th. The company reported GBX 9.95 EPS for the quarter. Utilico Emerging Markets Trust had a net margin of 63.48% and a return on equity of 4.12%.

Insider Activity at Utilico Emerging Markets Trust

In other news, insider Mark Bridgeman purchased 4,675 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The shares were bought at an average price of GBX 243 per share, for a total transaction of £11,360.25. Also, insider Eric St Clair Stobart bought 3,250 shares of the business's stock in a transaction dated Tuesday, July 1st. The shares were bought at an average cost of GBX 242 per share, with a total value of £7,865. Over the last quarter, insiders have bought 11,215 shares of company stock worth $2,725,285. 1.62% of the stock is owned by company insiders.

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.

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