Templeton Emerging Markets Investment Trust (LON:TEM) Reaches New 12-Month High - Still a Buy?

Key Points

• Templeton Emerging Markets Investment Trust (LON:TEM) reached a new 52-week high with shares trading at GBX 202 ($2.72) amid a volume of 627,298 shares.
• The company's debt-to-equity ratio stands at 4.91, with a current ratio of 1.47 and a quick ratio of 3.25, indicating its financial position.
• Recently, the company reported earnings per share of GBX 5.41 with a net margin of 81.07% and a return on equity of 7.07%.

Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 202 ($2.73) and last traded at GBX 200.50 ($2.71), with a volume of 627298 shares traded. The stock had previously closed at GBX 201 ($2.72).

Templeton Emerging Markets Investment Trust Stock Down 0.4%

The stock has a market capitalization of £2.09 billion, a price-to-earnings ratio of 16.01 and a beta of 0.61. The business's 50-day moving average is GBX 195.30 and its two-hundred day moving average is GBX 179.32. The company has a quick ratio of 3.25, a current ratio of 1.47 and a debt-to-equity ratio of 4.91.

Templeton Emerging Markets Investment Trust (LON:TEM - Get Free Report) last posted its quarterly earnings results on Friday, June 6th. The company reported GBX 5.41 earnings per share for the quarter. Templeton Emerging Markets Investment Trust had a net margin of 81.07% and a return on equity of 7.07%.

Templeton Emerging Markets Investment Trust Company Profile

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.