Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report)'s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 166.77 ($2.25) and traded as high as GBX 173.05 ($2.33). Templeton Emerging Markets Investment Trust shares last traded at GBX 172.64 ($2.33), with a volume of 2,493,796 shares changing hands.
Templeton Emerging Markets Investment Trust Stock Up 0.7%
The firm has a market cap of £1.82 billion, a price-to-earnings ratio of 13.99 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 business's 50-day moving average is GBX 166.65 and its 200-day moving average is GBX 168.12.
Insider Transactions at Templeton Emerging Markets Investment Trust
In related news, insider Sarika Patel acquired 7,089 shares of the firm's stock in a transaction on Wednesday, April 9th. The shares were purchased at an average price of GBX 154 ($2.07) per share, with a total value of £10,917.06 ($14,707.07). Company insiders own 0.60% of the company's stock.
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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