Templeton Emerging Markets Investment Trust (LON:TEM - Get Free Report) posted its earnings results on Friday. The company reported GBX 5.41 ($0.07) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Templeton Emerging Markets Investment Trust had a return on equity of 7.07% and a net margin of 81.07%.
Templeton Emerging Markets Investment Trust Stock Up 0.5%
Shares of LON TEM traded up GBX 0.94 ($0.01) during midday trading on Friday, hitting GBX 179.14 ($2.43). The company's stock had a trading volume of 1,414,756 shares, compared to its average volume of 2,426,009. Templeton Emerging Markets Investment Trust has a 1 year low of GBX 148.20 ($2.01) and a 1 year high of GBX 179.60 ($2.44). The business's fifty day simple moving average is GBX 166.84 and its two-hundred day simple moving average is GBX 168.48. The firm has a market capitalization of £1.87 billion, a price-to-earnings ratio of 14.36 and a beta of 0.61. The company has a debt-to-equity ratio of 4.91, a current ratio of 1.47 and a quick ratio of 3.25.
Insider Transactions at Templeton Emerging Markets Investment Trust
In other news, insider Sarika Patel acquired 7,089 shares of Templeton Emerging Markets Investment Trust stock in a transaction dated Wednesday, April 9th. The shares were acquired at an average cost of GBX 154 ($2.09) per share, for a total transaction of £10,917.06 ($14,824.90). 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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