Templeton Emerging Markets Investment Trust (LON:TEM) Sets New 52-Week High - What's Next?

Key Points

• The Templeton Emerging Markets Investment Trust has reached a new 52-week high with shares trading at GBX 218.50 ($2.93) during mid-day trading on Tuesday.
• The trust has a market capitalization of £2.12 billion and a price-to-earnings ratio of 1,513.27.
• Established in June 1989, the fund primarily invests in emerging markets companies with a focus on long-term capital growth for shareholders.

Templeton Emerging Markets Investment Trust plc (LON:TEM - )'s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 218.50 ($2.93) and last traded at GBX 217 ($2.91), with a volume of 2098866 shares. The stock had previously closed at GBX 217.50 ($2.92).

Templeton Emerging Markets Investment Trust Stock Down 0.1%

The company has a debt-to-equity ratio of 4.91, a current ratio of 1.47 and a quick ratio of 3.25. The firm has a 50 day simple moving average of GBX 203.46 and a 200-day simple moving average of GBX 184.89. The stock has a market capitalization of £2.12 billion, a price-to-earnings ratio of 1,513.27 and a beta of 0.61.

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.

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