Utilico Emerging Markets Trust (LON:UEM) Share Price Crosses Above 200-Day Moving Average - What's Next?

Key Points

• The share price of Utilico Emerging Markets Trust PLC crossed above its 200-day moving average, reaching GBX 257 ($3.46) during trading, with last trades at GBX 254 ($3.42).
• The company has a market capitalization of £461.73 million and notable financial metrics including a PE ratio of -2,866.82 and a debt-to-equity ratio of 3.90.
• Insider activity increased, with notable purchases by insiders totaling 12,433 shares valued at over $3.16 million in the last ninety days.

Utilico Emerging Markets Trust PLC (LON:UEM - )'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 235.29 ($3.17) and traded as high as GBX 257 ($3.46). Utilico Emerging Markets Trust shares last traded at GBX 254 ($3.42), with a volume of 129,922 shares traded.

Utilico Emerging Markets Trust Stock Performance

The stock has a market capitalization of £461.73 million, a PE ratio of -2,866.82 and a beta of 0.59. The company has a debt-to-equity ratio of 3.90, a current ratio of 0.90 and a quick ratio of 0.41. The business's fifty day moving average price is GBX 249.34 and its 200-day moving average price is GBX 235.29.

Insider Activity at Utilico Emerging Markets Trust

In related news, insider Nadya Wells acquired 2,800 shares of the firm's stock in a transaction that occurred on Wednesday, October 1st. The shares were bought at an average cost of GBX 255 per share, for a total transaction of £7,140. Also, insider Eric St Clair Stobart purchased 3,000 shares of Utilico Emerging Markets Trust stock in a transaction on Wednesday, October 1st. The shares were acquired at an average price of GBX 254 per share, for a total transaction of £7,620. Insiders have purchased a total of 12,433 shares of company stock valued at $3,160,782 in the last ninety days. 1.58% of the stock is currently owned by company insiders.

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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