Utilico Emerging Markets Trust (LON:UEM) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Utilico Emerging Markets Trust PLC (LON:UEM)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 275.74 and traded as high as GBX 295.50. Utilico Emerging Markets Trust shares last traded at GBX 291, with a volume of 315,035 shares changing hands.

Utilico Emerging Markets Trust Stock Performance

The company has a market capitalization of £520.67 million, a price-to-earnings ratio of 10.95 and a beta of 0.38. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.28 and a quick ratio of 0.41. The stock has a 50 day moving average price of GBX 284.21 and a two-hundred day moving average price of GBX 275.74.

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.