Insider Buying: Templeton Emerging Markets Investment Trust (LON:TEM) Insider Purchases 3,599 Shares of Stock

Templeton Emerging Markets Investment Trust plc (LON:TEM) insider Sarika Patel acquired 3,599 shares of Templeton Emerging Markets Investment Trust stock in a transaction that occurred on Wednesday, February 4th. The shares were bought at an average price of GBX 263 per share, with a total value of £9,465.37.

Templeton Emerging Markets Investment Trust Stock Performance

TEM stock traded up GBX 0.62 on Wednesday, reaching GBX 263.62. The company’s stock had a trading volume of 1,835,762 shares, compared to its average volume of 2,628,057. The company has a debt-to-equity ratio of 4.91, a current ratio of 1.47 and a quick ratio of 3.25. Templeton Emerging Markets Investment Trust plc has a 52 week low of GBX 148.20 and a 52 week high of GBX 266.50. The firm has a fifty day moving average of GBX 241.85 and a two-hundred day moving average of GBX 224.48. The company has a market capitalization of £2.53 billion, a P/E ratio of 5.36 and a beta of 0.61.

Templeton Emerging Markets Investment Trust (LON:TEM) last announced its quarterly earnings data on Monday, December 8th. The company reported GBX 3.33 earnings per share for the quarter. Templeton Emerging Markets Investment Trust had a return on equity of 7.07% and a net margin of 81.07%.

Templeton Emerging Markets Investment Trust Company Profile

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.