Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 184.40 ($2.47) and last traded at GBX 184 ($2.47), with a volume of 997420 shares trading hands. The stock had previously closed at GBX 182.93 ($2.45).
Templeton Emerging Markets Investment Trust Stock Up 0.5%
The firm has a market capitalization of £1.92 billion, a price-to-earnings ratio of 14.75 and a beta of 0.61. The business has a 50 day simple moving average of GBX 170.73 and a 200-day simple moving average of GBX 169.44. The company has a debt-to-equity ratio of 4.91, a quick ratio of 3.25 and a current ratio of 1.47.
Templeton Emerging Markets Investment Trust (LON:TEM - Get Free Report) last issued its earnings results on Friday, June 6th. The company reported GBX 5.41 ($0.07) earnings per share (EPS) for the quarter. Templeton Emerging Markets Investment Trust had a return on equity of 7.07% and a net margin of 81.07%.
Insider Buying and Selling
In other Templeton Emerging Markets Investment Trust news, insider Sarika Patel acquired 7,089 shares of the business's stock in a transaction that occurred on Wednesday, April 9th. The stock was purchased at an average cost of GBX 154 ($2.07) per share, with a total value of £10,917.06 ($14,649.84). Corporate insiders own 0.60% of the company's stock.
About Templeton Emerging Markets Investment Trust
(
Get Free Report)
Launched thirty years ago in June 1989, Templeton Emerging Markets Investment Trust PLC (“TEMIT”) is an investment trust that invests principally in emerging markets companies with the aim of delivering capital growth to shareholders over the long term. While the majority of the Company's shareholders are based in the UK, shares are quoted on both the London and New Zealand Stock Exchanges.
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