Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 171.37 ($2.21) and traded as high as GBX 176.60 ($2.28). Templeton Emerging Markets Investment Trust shares last traded at GBX 174.40 ($2.25), with a volume of 2,359,577 shares trading hands.
Templeton Emerging Markets Investment Trust Trading Down 0.6 %
The company’s fifty day moving average is GBX 171.57 and its two-hundred day moving average is GBX 167.43. The stock has a market cap of £1.81 billion, a price-to-earnings ratio of 13.90 and a beta of 0.61. The company has a quick ratio of 3.25, a current ratio of 1.47 and a debt-to-equity ratio of 4.91.
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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