Temple Bar (LON:TMPL) Hits New 1-Year High - What's Next?

Key Points

• Shares of Temple Bar (LON:TMPL) reached a new 52-week high at GBX 350 ($4.75) with a trading volume of 86,576 shares.
• The company reported GBX 8.20 earnings per share for the latest quarter, along with a return on equity of 20.62% and a net margin of 98.26%.
• Insider Nicholas Bannerman purchased 5,000 shares at an average cost of GBX 345, indicating confidence in the company's performance.

Temple Bar (LON:TMPL - Get Free Report) reached a new 52-week high on Friday . The company traded as high as GBX 350 ($4.78) and last traded at GBX 349.63 ($4.77), with a volume of 86576 shares. The stock had previously closed at GBX 349 ($4.76).

Temple Bar Trading Up 0.6%

The stock has a market cap of £991.84 million, a P/E ratio of 606.09 and a beta of 1.11. The company has a quick ratio of 3.68, a current ratio of 5.17 and a debt-to-equity ratio of 9.47. The business's 50 day simple moving average is GBX 338.29 and its two-hundred day simple moving average is GBX 313.85.

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 Buying and Selling at Temple Bar

In other news, insider Nicholas Bannerman bought 5,000 shares of Temple Bar stock in a transaction dated Wednesday, August 20th. The shares were acquired at an average price of GBX 345 per share, with a total value of £17,250. 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.