Temple Bar (LON:TMPL) Sets New 12-Month High – What’s Next?

Temple Bar (LON:TMPLGet Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 410 and last traded at GBX 408.77, with a volume of 439532 shares traded. The stock had previously closed at GBX 405.50.

Temple Bar Stock Performance

The firm’s 50 day moving average is GBX 395.27 and its 200-day moving average is GBX 388.92. The stock has a market capitalization of £1.24 billion, a price-to-earnings ratio of 4.20 and a beta of 1.14.

About Temple Bar

(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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