Templeton Emerging Markets Investment Trust (LON:TEM) Announces Quarterly Earnings Results

Templeton Emerging Markets Investment Trust (LON:TEM) released its earnings results on Wednesday. The company reported GBX 5.39 EPS for the quarter, Digital Look Earnings reports. Templeton Emerging Markets Investment Trust had a return on equity of 31.30% and a net margin of 96.24%.The firm had revenue of GBX 6,556 million during the quarter.

Templeton Emerging Markets Investment Trust Trading Down 2.1%

TEM opened at GBX 328.50 on Friday. The business has a fifty day moving average price of GBX 290.43 and a 200 day moving average price of GBX 264.51. The stock has a market capitalization of £3.09 billion, a price-to-earnings ratio of 6.68 and a beta of 1.08. Templeton Emerging Markets Investment Trust has a 12 month low of GBX 176 and a 12 month high of GBX 343. The company has a debt-to-equity ratio of 4.38, a current ratio of 0.80 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.