Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 309.50 and last traded at GBX 309, with a volume of 11817904 shares changing hands. The stock had previously closed at GBX 307.
Templeton Emerging Markets Investment Trust Stock Performance
The company has a market cap of £2.90 billion, a PE ratio of 6.26 and a beta of 1.03. The stock’s 50 day moving average price is GBX 269.12 and its 200-day moving average price is GBX 252.68.
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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