Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 323.50 and last traded at GBX 323.50, with a volume of 8489536 shares changing hands. The stock had previously closed at GBX 313.58.
Templeton Emerging Markets Investment Trust Trading Down 0.5%
The business has a 50-day moving average price of GBX 281.09 and a 200 day moving average price of GBX 260.30. The company has a market cap of £3.06 billion, a price-to-earnings ratio of 6.59 and a beta of 1.08.
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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