Utilico Emerging Markets Trust (LON:UEM) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Utilico Emerging Markets Trust PLC (LON:UEM) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 265.86 and traded as high as GBX 293.85. Utilico Emerging Markets Trust shares last traded at GBX 286, with a volume of 201,238 shares trading hands.

Utilico Emerging Markets Trust Trading Down 0.4%

The company has a quick ratio of 0.41, a current ratio of 0.28 and a debt-to-equity ratio of 4.19. The firm has a 50 day moving average price of GBX 283.56 and a 200 day moving average price of GBX 266.15. The stock has a market capitalization of £497.74 million, a PE ratio of 10.36 and a beta of 0.59.

Insider Activity at Utilico Emerging Markets Trust

In related news, insider Isabel Liu acquired 2,395 shares of the company’s stock in a transaction on Monday, December 29th. The shares were acquired at an average cost of GBX 268 per share, for a total transaction of £6,418.60. Also, insider Eric St Clair Stobart acquired 3,000 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were purchased at an average cost of GBX 273 per share, for a total transaction of £8,190. In the last three months, insiders purchased 9,228 shares of company stock valued at $2,499,603. 1.68% of the stock is owned by 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.