Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 166.57 ($2.23) and traded as high as GBX 175.80 ($2.35). Templeton Emerging Markets Investment Trust shares last traded at GBX 174.60 ($2.34), with a volume of 1,755,739 shares trading hands.
Templeton Emerging Markets Investment Trust Price Performance
The company's 50-day simple moving average is GBX 166.82 and its 200-day simple moving average is GBX 167.88. 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 stock has a market capitalization of £1.83 billion, a price-to-earnings ratio of 14.02 and a beta of 0.61.
Insider Activity
In other Templeton Emerging Markets Investment Trust news, insider Sarika Patel bought 7,089 shares of the stock in a transaction dated Wednesday, April 9th. The stock was purchased at an average cost of GBX 154 ($2.06) per share, for a total transaction of £10,917.06 ($14,620.41). 0.60% of the stock is currently owned by corporate insiders.
About Templeton Emerging Markets Investment Trust
(
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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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