Templeton Emerging Markets Investment Trust (LON:TEM) Hits New 12-Month High – Here’s What Happened

Templeton Emerging Markets Investment Trust plc (LON:TEMGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 309.50 and last traded at GBX 309, with a volume of 11817904 shares trading hands. The stock had previously closed at GBX 307.

Templeton Emerging Markets Investment Trust Trading Up 2.5%

The stock has a market cap of £2.93 billion, a PE ratio of 6.33 and a beta of 1.08. The business has a 50-day moving average price of GBX 270.50 and a 200-day moving average price of GBX 254.36.

Templeton Emerging Markets Investment Trust Company Profile

(Get Free Report)

Launched thirty years ago in June 1989, Templeton Emerging Markets Investment Trust PLC (“TEMIT”) is an investment trust that invests principally in emerging markets companies with the aim of delivering capital growth to shareholders over the long term. While the majority of the Company’s shareholders are based in the UK, shares are quoted on both the London and New Zealand Stock Exchanges.

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