Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report)’s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 225.34 and traded as high as GBX 233. Templeton Emerging Markets Investment Trust shares last traded at GBX 230.17, with a volume of 2,530,515 shares traded.
Templeton Emerging Markets Investment Trust Stock Performance
The company has a quick ratio of 3.25, a current ratio of 1.47 and a debt-to-equity ratio of 4.91. The company has a market capitalization of £2.22 billion, a PE ratio of 16.00 and a beta of 0.61. The company has a 50-day moving average price of GBX 225.34 and a two-hundred day moving average price of GBX 201.51.
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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