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Utilico Emerging Markets Trust (LON:UEM) Reaches New 1-Year High - What's Next?

Utilico Emerging Markets Trust logo with Financial Services background

Key Points

  • Utilico Emerging Markets Trust shares reached a new 52-week high of GBX 251 ($3.39) during trading, with a trading volume of 232,819 shares.
  • The trust reported quarterly earnings of GBX 9.95 ($0.13) per share, demonstrating a strong net margin of 63.48% and a return on equity of 4.12%.
  • Insider transactions indicate confidence in the company, with a total of 11,215 shares purchased by insiders valued at $2,725,285 in the last 90 days.
  • Need better tools to track Utilico Emerging Markets Trust? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Utilico Emerging Markets Trust PLC (LON:UEM - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 251 ($3.40) and last traded at GBX 251 ($3.40), with a volume of 232819 shares changing hands. The stock had previously closed at GBX 250 ($3.39).

Utilico Emerging Markets Trust Stock Performance

The company has a market cap of £473.11 million, a PE ratio of 22.77 and a beta of 0.59. The company has a current ratio of 0.90, a quick ratio of 0.41 and a debt-to-equity ratio of 3.90. The business has a fifty day moving average of GBX 243.45 and a 200-day moving average of GBX 227.55.

Utilico Emerging Markets Trust (LON:UEM - Get Free Report) last posted its earnings results on Friday, June 13th. The company reported GBX 9.95 ($0.13) earnings per share for the quarter. Utilico Emerging Markets Trust had a return on equity of 4.12% and a net margin of 63.48%.

Insider Activity at Utilico Emerging Markets Trust

In other news, insider Nadya Wells acquired 3,290 shares of the business's stock in a transaction dated Tuesday, July 1st. The stock was purchased at an average price of GBX 244 ($3.31) per share, for a total transaction of £8,027.60 ($10,886.36). Also, insider Mark Bridgeman purchased 4,675 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The stock was bought at an average price of GBX 243 ($3.30) per share, with a total value of £11,360.25 ($15,405.82). In the last three months, insiders have acquired 11,215 shares of company stock valued at $2,725,285. 1.82% of the stock is owned by corporate insiders.

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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