Utilico Emerging Markets Trust (LON:UEM) Stock Passes Above 200 Day Moving Average – Time to Sell?

Utilico Emerging Markets Trust PLC (LON:UEM) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 269.57 and traded as high as GBX 275. Utilico Emerging Markets Trust shares last traded at GBX 271, with a volume of 1,937,286 shares traded.

Utilico Emerging Markets Trust Price Performance

The business’s 50 day moving average is GBX 284.12 and its two-hundred day moving average is GBX 269.57. The firm has a market capitalization of £495.85 million, a PE ratio of 10.36 and a beta of 0.33. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.28 and a quick ratio of 0.41.

Insider Buying and Selling

In related news, insider Mark Bridgeman acquired 3,833 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was bought at an average cost of GBX 271 per share, with a total value of £10,387.43. Also, insider Eric St Clair Stobart bought 3,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was bought at an average price of GBX 273 per share, with a total value of £8,190. 1.68% of the stock is owned by 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.