Shares of Utilico Emerging Markets Trust PLC (LON:UEM) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $249.00. Utilico Emerging Markets Trust shares last traded at $237.00, with a volume of 73,560 shares changing hands.
The stock has a market capitalization of $540.60 million and a price-to-earnings ratio of 43.09. The firm’s 50-day moving average price is GBX 248.14. The company has a quick ratio of 3.20, a current ratio of 3.22 and a debt-to-equity ratio of 78.79.
In other news, insider Susan Hansen purchased 3,404 shares of the firm’s stock in a transaction on Monday, July 1st. The stock was acquired at an average cost of GBX 247 ($3.23) per share, with a total value of £8,407.88 ($10,986.38).
Utilico Emerging Markets Trust PLC is a closed-ended balanced mutual fund launched and managed by ICM Investment Management Limited. The fund is co-managed by ICM Limited. It invests in the public equity and fixed income markets of emerging market countries across the globe. The fund seeks to invest in securities of companies operating in the infrastructure, utility, and related sectors.
Featured Article: Equity Income
Receive News & Ratings for Utilico Emerging Markets Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Utilico Emerging Markets Trust and related companies with MarketBeat.com's FREE daily email newsletter.