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

Shares of Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as GBX 194 ($2.61) and last traded at GBX 193.46 ($2.60), with a volume of 1173856 shares. The stock had previously closed at GBX 192.26 ($2.58).

Templeton Emerging Markets Investment Trust Trading Down 0.1%

The stock has a market capitalization of £2.05 billion, a price-to-earnings ratio of 15.69 and a beta of 0.61. The company has a debt-to-equity ratio of 4.91, a quick ratio of 3.25 and a current ratio of 1.47. The firm has a fifty day moving average of GBX 181.98 and a 200-day moving average of GBX 172.85.

Templeton Emerging Markets Investment Trust (LON:TEM - Get Free Report) last posted its quarterly earnings data on Friday, June 6th. The company reported GBX 5.41 ($0.07) 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.