Templeton Emerging Markets Investment Trust (LON:TEM) Sets New 1-Year High - What's Next?

Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 225 ($3.02) and last traded at GBX 223.51 ($3.00), with a volume of 1025280 shares changing hands. The stock had previously closed at GBX 223.61 ($3.00).

Templeton Emerging Markets Investment Trust Trading Down 0.0%

The stock's fifty day moving average price is GBX 205.32 and its 200 day moving average price is GBX 186.17. The stock has a market cap of £2.17 billion, a P/E ratio of 1,556.49 and a beta of 0.61. The company has a current ratio of 1.47, a quick ratio of 3.25 and a debt-to-equity ratio of 4.91.

About Templeton Emerging Markets Investment Trust

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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