Utilico Emerging Markets Trust (LON:UEM) Sets New 1-Year High - Time to Buy?

Key Points

• Utilico Emerging Markets Trust hit a new 52-week high of GBX 301, trading up about 0.8% from the prior close on light volume (870 shares).
• UEM is a UK closed-end investment trust focused on infrastructure and utilities in emerging markets (Asia, Latin America, Emerging Europe and Africa) with an objective of long-term total return.
• The trust has a market cap of roughly £514 million and a P/E of 10.8, but carries significant leverage (debt-to-equity 4.19) and low liquidity ratios (current ratio 0.28), which increases financial risk.

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 301 and last traded at GBX 301, with a volume of 870 shares changing hands. The stock had previously closed at GBX 290.

Utilico Emerging Markets Trust Stock Up 0.8%

The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.41 and a current ratio of 0.28. The stock has a market cap of £513.98 million, a P/E ratio of 10.81 and a beta of 0.33. The stock's fifty day simple moving average is GBX 284.32 and its 200-day simple moving average is GBX 274.37.

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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