Temple Bar (LON:TMPL) Reaches New 52-Week High – Here’s Why

Temple Bar (LON:TMPL – Get Free Report) reached a new 52-week high on Wednesday. The stock traded as high as GBX 435.50 and last traded at GBX 435.50, with a volume of 183,500 shares trading hands. The stock had previously closed at GBX 430.

Temple Bar Trading Up 1.6%

The stock has a market capitalization of £1.34 billion, a PE ratio of 5.81 and a beta of 1.15. The stock has a 50 day moving average price of GBX 419.31 and a 200-day moving average price of GBX 400.56.

Temple Bar (LON:TMPL – Get Free Report) last posted its quarterly earnings data on Thursday, August 20th. The company reported GBX 7.90 EPS for the quarter. Temple Bar had a return on equity of 19.52% and a net margin of 74.06%.

About Temple Bar

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Temple Bar’s investment objective is to provide investors with a growing income combined with growth in capital. It aims to meet this objective by investing primarily in UK equities, across different sectors, maintaining a balance of larger and smaller/medium-sized companies. The trust has a bias towards FTSE 350 companies. The Trust is managed by Nick Purves and Ian lance of RWC Partners who have over fifty years of investment experience between them and have been working as a partnership for over thirteen years.

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