Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 172.30 ($2.23) and traded as high as GBX 174.20 ($2.25). Templeton Emerging Markets Investment Trust shares last traded at GBX 171.60 ($2.22), with a volume of 2,772,076 shares changing hands.
Templeton Emerging Markets Investment Trust Stock Performance
The stock has a market capitalization of £1.79 billion, a P/E ratio of 13.76 and a beta of 0.61. The stock’s 50-day simple moving average is GBX 172.30 and its 200 day simple moving average is GBX 167.96. The company has a debt-to-equity ratio of 4.91, a current ratio of 1.47 and a quick ratio of 3.25.
About Templeton Emerging Markets Investment Trust
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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