Temple Bar (LON:TMPL) Reaches New 52-Week High - Still a Buy?

Key Points

• Temple Bar's share price hit a new 52-week high at GBX 365.45, reflecting strong trading volume of 145,193 shares.
• The company reported a net margin of 98.26% and a return on equity of 20.62% in its latest earnings call.
• Corporate insider purchases included 5,000 shares at GBX 345 by Nicholas Bannerman and 5,535 shares at GBX 359 by Wendy Colquhoun.

Temple Bar (LON:TMPL - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 365.45 ($4.87) and last traded at GBX 364.96 ($4.86), with a volume of 145193 shares trading hands. The stock had previously closed at GBX 363 ($4.84).

Temple Bar Trading Up 0.1%

The company has a market cap of £1.03 billion, a PE ratio of 631.72 and a beta of 1.11. The stock's 50 day moving average is GBX 347.77 and its 200-day moving average is GBX 322.06. The company has a quick ratio of 3.68, a current ratio of 5.17 and a debt-to-equity ratio of 9.47.

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

Insider Transactions at Temple Bar

In related news, insider Nicholas Bannerman purchased 5,000 shares of the business's stock in a transaction dated Wednesday, August 20th. The shares were purchased at an average cost of GBX 345 per share, for a total transaction of £17,250. Also, insider Wendy Colquhoun bought 5,535 shares of the company's stock in a transaction on Thursday, October 2nd. The shares were acquired 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.