Templeton Emerging Markets Investment Trust (LON:TEM) Sets New 1-Year High – Here’s What Happened

Templeton Emerging Markets Investment Trust plc (LON:TEMGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as GBX 240.50 and last traded at GBX 240.17, with a volume of 1067143 shares trading hands. The stock had previously closed at GBX 237.

Templeton Emerging Markets Investment Trust Trading Up 1.3%

The company has a debt-to-equity ratio of 4.91, a current ratio of 1.47 and a quick ratio of 3.25. The company has a market capitalization of £2.33 billion, a price-to-earnings ratio of 16.71 and a beta of 0.61. The business’s 50 day simple moving average is GBX 216.88 and its 200 day simple moving average is GBX 195.33.

Templeton Emerging Markets Investment Trust Company Profile

(Get Free Report)

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.

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