Temple Bar (LON:TMPL) Stock Price Passes Above 50-Day Moving Average - What's Next?

Key Points

• Temple Bar shares rose 0.4% and crossed above their 50-day moving average, trading as high as GBX 395 before last changing hands at GBX 390.
• The trust’s valuation metrics include a market capitalization of £1.18 billion, a P/E ratio of 4.04, and a beta of 1.10, with the 200-day moving average at GBX 379.43.
• Temple Bar’s latest quarterly results showed GBX 13.80 EPS, along with a strong return on equity of 27.93% and a net margin of 82.15%.

Temple Bar (LON:TMPL - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 383.08 and traded as high as GBX 395. Temple Bar shares last traded at GBX 390, with a volume of 824,027 shares changing hands.

Temple Bar Stock Up 0.4%

The firm has a fifty day moving average price of GBX 383.08 and a two-hundred day moving average price of GBX 379.43. The stock has a market capitalization of £1.18 billion, a P/E ratio of 4.04 and a beta of 1.10.

Temple Bar (LON:TMPL - Get Free Report) last issued its quarterly earnings results on Friday, March 20th. The company reported GBX 13.80 earnings per share for the quarter. Temple Bar had a return on equity of 27.93% and a net margin of 82.15%.

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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