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

Utilico Emerging Markets Trust PLC (LON:UEM)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 283.08 and traded as low as GBX 282.24. Utilico Emerging Markets Trust shares last traded at GBX 288, with a volume of 274,835 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Utilico Emerging Markets Trust in a report on Friday, June 19th.

Utilico Emerging Markets Trust Stock Performance

The stock’s 50 day simple moving average is GBX 285.13 and its two-hundred day simple moving average is GBX 283.08. The company has a market capitalization of £496.23 million, a P/E ratio of 4.49 and a beta of 0.55. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.09 and a quick ratio of 0.41.

Utilico Emerging Markets Trust (LON:UEM) last issued its quarterly earnings results on Friday, June 19th. The company reported GBX 13.57 earnings per share for the quarter. The business had revenue of GBX 3,068 million during the quarter. Utilico Emerging Markets Trust had a net margin of 90.43% and a return on equity of 21.74%.

Insider Buying and Selling at Utilico Emerging Markets Trust

In other Utilico Emerging Markets Trust news, insider Eric St Clair Stobart bought 2,750 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were bought at an average cost of GBX 286 per share, for a total transaction of £7,865. Also, insider Mark Bridgeman bought 4,020 shares of Utilico Emerging Markets Trust stock in a transaction dated Wednesday, July 1st. The stock was acquired at an average cost of GBX 284 per share, for a total transaction of £11,416.80. In the last three months, insiders have acquired 9,076 shares of company stock worth $2,590,002. Company insiders own 1.74% of the company’s stock.

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.