Temple Bar (LON:TMPL) Reaches New 52-Week High – Still a Buy?

Temple Bar (LON:TMPL)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 365.45 ($4.87) and last traded at GBX 364.96 ($4.86), with a volume of 145193 shares trading hands. The stock had previously closed at GBX 363 ($4.84).

Temple Bar Trading Up 0.1%

The company has a market cap of £1.03 billion, a PE ratio of 631.72 and a beta of 1.11. The stock’s 50 day moving average is GBX 347.77 and its 200-day moving average is GBX 322.06. The company has a quick ratio of 3.68, a current ratio of 5.17 and a debt-to-equity ratio of 9.47.

Temple Bar (LON:TMPL) last announced its earnings results on Wednesday, August 20th. The company reported GBX 8.20 earnings per share for the quarter. Temple Bar had a net margin of 98.26% and a return on equity of 20.62%.

Insider Transactions at Temple Bar

In related news, insider Nicholas Bannerman purchased 5,000 shares of the business’s stock in a transaction dated Wednesday, August 20th. The shares were purchased at an average cost of GBX 345 per share, for a total transaction of £17,250. Also, insider Wendy Colquhoun bought 5,535 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were acquired at an average price of GBX 359 per share, for a total transaction of £19,870.65. Corporate insiders own 0.19% of the company’s stock.

About Temple Bar

Temple Bar’s investment objective is to provide investors with a growing income combined with growth in capital. It aims to meet this objective by investing primarily in UK equities, across different sectors, maintaining a balance of larger and smaller/medium-sized companies. The trust has a bias towards FTSE 350 companies.