Temple Bar (LON:TMPL) Shares Cross Above 50 Day Moving Average – Time to Sell?

Temple Bar (LON:TMPL) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 360.91 and traded as high as GBX 364.50. Temple Bar shares last traded at GBX 360, with a volume of 3,592,576 shares traded.

Temple Bar Trading Up 0.0%

The stock’s 50 day moving average is GBX 360.91 and its 200-day moving average is GBX 337.47. The company has a market cap of £1.03 billion, a P/E ratio of 6.26 and a beta of 1.11. The company has a current ratio of 5.17, a quick ratio of 3.68 and a debt-to-equity ratio of 9.47.

Temple Bar (LON:TMPL) last issued its earnings results on Wednesday, August 20th. The company reported GBX 8.20 earnings per share (EPS) for the quarter. Temple Bar had a net margin of 98.26% and a return on equity of 20.62%.

Insiders Place Their Bets

In other news, insider Wendy Colquhoun acquired 5,535 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The stock was bought at an average cost of GBX 359 per share, for a total transaction of £19,870.65. 0.19% of the stock is currently owned by insiders.

Temple Bar Company Profile

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.