Temple Bar (LON:TMPL) Sets New 1-Year High – Here’s Why

Temple Bar (LON:TMPLGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 426 and last traded at GBX 423.97, with a volume of 518052 shares changing hands. The stock had previously closed at GBX 419.50.

Temple Bar Stock Up 0.7%

The firm has a market capitalization of £1.31 billion, a PE ratio of 4.42 and a beta of 1.14. The stock’s fifty day simple moving average is GBX 400.82 and its 200 day simple moving average is GBX 392.05.

Temple Bar Company Profile

(Get Free Report)

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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