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

Key Points

• Shares hit a new 52-week high of GBX 300 on Friday (previous close GBX 296) with about 67,997 shares traded, trading above its 50-day (GBX 283.74) and 200-day (GBX 272.07) moving averages.
• Utilico Emerging Markets Trust is a UK closed-end investment trust focused on infrastructure, utilities and related sectors in emerging markets (Asia, Latin America, Emerging Europe and Africa) targeting long-term total return.
• Valuation and balance-sheet snapshot: market cap ~£527.7M and P/E 11.1, but low liquidity ratios (current 0.28, quick 0.41) and high leverage with a debt-to-equity of 4.19, indicating potential financial risk despite a low beta (0.33).

Utilico Emerging Markets Trust PLC (LON:UEM - ) shares hit a new 52-week high on Friday . The company traded as high as GBX 300 and last traded at GBX 300, with a volume of 67997 shares traded. The stock had previously closed at GBX 296.

Utilico Emerging Markets Trust Stock Performance

The company has a current ratio of 0.28, a quick ratio of 0.41 and a debt-to-equity ratio of 4.19. The stock's 50 day moving average price is GBX 283.74 and its two-hundred day moving average price is GBX 272.07. The firm has a market capitalization of £527.71 million, a PE ratio of 11.10 and a beta of 0.33.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.