Temple Bar (LON:TMPL) Stock Crosses Below Two Hundred Day Moving Average - Here's Why

Key Points

• Temple Bar stock crossed below its 200-day moving average — the 200‑day MA is GBX 371.03; shares traded as low as GBX 367.84 and last traded at GBX 371.50 on volume of 457,538.
• Temple Bar is a £1.10 billion UK equity investment trust with a low PE of 6.46, a beta of 1.16 and strong liquidity (current ratio 6.78, quick ratio 3.68), investing mainly in FTSE 350 companies and managed by experienced RWC Partners managers.

Temple Bar (LON:TMPL - )'s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 371.03 and traded as low as GBX 367.84. Temple Bar shares last traded at GBX 371.50, with a volume of 457,538 shares changing hands.

Temple Bar Price Performance

The company has a debt-to-equity ratio of 8.20, a current ratio of 6.78 and a quick ratio of 3.68. The firm has a market capitalization of £1.10 billion, a PE ratio of 6.46 and a beta of 1.16. The firm has a 50-day simple moving average of GBX 387.66 and a 200-day simple moving average of GBX 371.03.

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. The Trust is managed by Nick Purves and Ian lance of RWC Partners who have over fifty years of investment experience between them and have been working as a partnership for over thirteen years.

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