Utilico Emerging Markets Trust (LON:UEM) Shares Cross Below 200-Day Moving Average – Here’s Why

Utilico Emerging Markets Trust PLC (LON:UEMGet Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 279.47 and traded as low as GBX 277. Utilico Emerging Markets Trust shares last traded at GBX 282, with a volume of 236,415 shares changing hands.

Utilico Emerging Markets Trust Trading Up 0.7%

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 stock has a fifty day simple moving average of GBX 284.61 and a 200 day simple moving average of GBX 279.47. The firm has a market capitalization of £491.73 million, a P/E ratio of 10.44 and a beta of 0.38.

About Utilico Emerging Markets Trust

(Get Free Report)

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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