Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 166.77 ($2.25) and traded as high as GBX 173.05 ($2.34). Templeton Emerging Markets Investment Trust shares last traded at GBX 172.64 ($2.33), with a volume of 2,493,796 shares traded.
Templeton Emerging Markets Investment Trust Trading Up 0.6%
The business's 50 day simple moving average is GBX 166.66 and its 200 day simple moving average is GBX 168.08. The stock has a market cap of £1.81 billion, a price-to-earnings ratio of 13.88 and a beta of 0.61. The company has a quick ratio of 3.25, a current ratio of 1.47 and a debt-to-equity ratio of 4.91.
Insider Activity 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 cost of GBX 154 ($2.08) per share, for a total transaction of £10,917.06 ($14,752.78). 0.60% of the stock is currently owned by company 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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