Utilico Emerging Markets Trust (LON:UEM) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Utilico Emerging Markets Trust PLC (LON:UEM)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 238.56 ($3.19) and traded as high as GBX 253 ($3.38). Utilico Emerging Markets Trust shares last traded at GBX 250 ($3.34), with a volume of 79,906 shares traded.

Utilico Emerging Markets Trust Stock Up 0.4%

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’s 50-day simple moving average is GBX 250.74 and its 200-day simple moving average is GBX 238.56. The company has a market capitalization of £455.04 million, a PE ratio of -28.44 and a beta of 0.59.

Insider Buying and Selling at Utilico Emerging Markets Trust

In related news, insider Nadya Wells acquired 2,800 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The stock was acquired at an average price of GBX 255 per share, with a total value of £7,140. Also, insider Isabel Liu acquired 2,544 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The stock was bought at an average cost of GBX 254 per share, with a total value of £6,461.76. Over the last ninety days, insiders have purchased 12,433 shares of company stock valued at $3,160,782. Company insiders own 1.58% of the company’s stock.

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.