Temple Bar (LON:TMPL) Reaches New 12-Month High - Should You Buy?

Key Points

• Temple Bar's share price reached a new **52-week high** at GBX 362 ($4.86), marking a significant increase from its previous close of GBX 358.50 ($4.81).
• The company reported a **net margin of 98.26%** and a **return on equity of 20.62%** in its recent quarterly earnings, showcasing strong profitability.
• Insiders have been actively purchasing shares, indicating **confidence in the company's performance**, with notable purchases made by Nicholas Bannerman and Wendy Colquhoun.

Temple Bar (LON:TMPL - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 362 ($4.86) and last traded at GBX 361.75 ($4.86), with a volume of 650970 shares trading hands. The stock had previously closed at GBX 358.50 ($4.81).

Temple Bar Price Performance

The company has a market capitalization of £1.03 billion, a PE ratio of 629.57 and a beta of 1.11. The company has a debt-to-equity ratio of 9.47, a current ratio of 5.17 and a quick ratio of 3.68. The company's 50 day simple moving average is GBX 344.91 and its 200 day simple moving average is GBX 319.94.

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

Insider Activity at Temple Bar

In related news, insider Nicholas Bannerman purchased 5,000 shares of the company's stock in a transaction on Wednesday, August 20th. The shares were bought at an average cost of GBX 345 per share, for a total transaction of £17,250. Also, insider Wendy Colquhoun purchased 5,535 shares of the company's stock in a transaction on Thursday, October 2nd. The stock was bought at an average price of GBX 359 per share, for a total transaction of £19,870.65. Corporate insiders own 0.19% of the company's stock.

About Temple Bar

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.

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