Utilico Emerging Markets Trust (LON:UEM) Shares Break Below 200 Day Moving Average – Time to Sell?

Utilico Emerging Markets Trust PLC (LON:UEM – Get Free Report) crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 283.38 and traded as low as GBX 279. Utilico Emerging Markets Trust shares last traded at GBX 281, with a volume of 78,175 shares traded.

Analyst Ratings Changes

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

View Our Latest Stock Report on UEM

Utilico Emerging Markets Trust Stock Performance

The stock has a market capitalization of £485.12 million, a PE ratio of 4.39 and a beta of 0.39. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.09 and a quick ratio of 0.41. The business has a 50 day moving average price of GBX 281.91 and a 200 day moving average price of GBX 283.39.

Insider Activity

In other Utilico Emerging Markets Trust news, insider Isabel Liu acquired 2,306 shares of the stock in a transaction dated Tuesday, June 30th. The shares were purchased at an average price of GBX 287 per share, for a total transaction of £6,618.22. Also, insider Eric St Clair Stobart bought 2,750 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were bought at an average price of GBX 286 per share, for a total transaction of £7,865. Insiders have bought 9,076 shares of company stock valued at $2,590,002 in the last ninety days. 1.74% of the stock is currently owned by company insiders.

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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