Temple Bar (LON:TMPL) Sets New 12-Month High – Here’s Why

Temple Bar (LON:TMPL) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 374.50 and last traded at GBX 373, with a volume of 1412372 shares changing hands. The stock had previously closed at GBX 371.

Temple Bar Price Performance

The firm has a market capitalization of £1.07 billion, a price-to-earnings ratio of 6.52 and a beta of 1.11. The company has a debt-to-equity ratio of 9.47, a current ratio of 5.17 and a quick ratio of 3.68. The stock has a 50 day moving average price of GBX 357.43 and a two-hundred day moving average price of GBX 334.34.

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

Insider Activity at Temple Bar

In other Temple Bar news, insider Wendy Colquhoun bought 5,535 shares of the business’s stock in a transaction dated Thursday, October 2nd. The shares were acquired at an average cost of GBX 359 per share, with a total value of £19,870.65. Also, insider Nicholas Bannerman purchased 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The stock was bought at an average price of GBX 345 per share, for a total transaction of £17,250. 0.19% of the stock is currently owned by corporate insiders.

Temple Bar Company Profile

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.