Utilico Emerging Markets Trust (LON:UEM) Announces Earnings Results

Utilico Emerging Markets Trust (LON:UEM) announced its quarterly earnings results on Wednesday. The company reported GBX 8.15 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Utilico Emerging Markets Trust had a return on equity of 4.12% and a net margin of 63.48%.

Utilico Emerging Markets Trust Trading Down 0.3%

Shares of Utilico Emerging Markets Trust stock opened at GBX 260.09 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.41 and a debt-to-equity ratio of 3.90. Utilico Emerging Markets Trust has a twelve month low of GBX 190.04 and a twelve month high of GBX 266. The firm has a market capitalization of £467.03 million, a PE ratio of -29.36 and a beta of 0.59. The firm’s 50-day moving average price is GBX 254.07 and its 200 day moving average price is GBX 245.53.

Insider Transactions at Utilico Emerging Markets Trust

In related news, insider Eric St Clair Stobart purchased 3,000 shares of the company’s stock in a transaction dated Wednesday, October 1st. The stock was acquired at an average cost of GBX 254 per share, for a total transaction of £7,620. Also, insider Isabel Liu bought 2,544 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was bought at an average price of GBX 254 per share, with a total value of £6,461.76. Over the last three months, insiders bought 12,433 shares of company stock valued at $3,160,782. Insiders own 1.65% 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.