Insider Buying: Templeton Emerging Markets Investment Trust plc (LON:TEM) Insider Acquires 7,089 Shares of Stock

Templeton Emerging Markets Investment Trust plc (LON:TEM) insider Sarika Patel bought 7,089 shares of Templeton Emerging Markets Investment Trust stock in a transaction on Wednesday, April 9th. The shares were purchased at an average price of GBX 154 ($1.97) per share, for a total transaction of £10,917.06 ($13,949.73).

Templeton Emerging Markets Investment Trust Stock Down 2.7 %

Shares of LON TEM traded down GBX 4.18 ($0.05) during mid-day trading on Wednesday, hitting GBX 152.22 ($1.95). 1,061,747 shares of the stock traded hands, compared to its average volume of 2,868,233. The company has a market cap of £1.59 billion, a price-to-earnings ratio of 12.21 and a beta of 0.61. The stock has a fifty day moving average price of GBX 171.47 and a 200-day moving average price of GBX 168.22. Templeton Emerging Markets Investment Trust plc has a 52 week low of GBX 148.20 ($1.89) and a 52 week high of GBX 179.21 ($2.29). The company has a debt-to-equity ratio of 4.91, a quick ratio of 3.25 and a current ratio of 1.47.

Templeton Emerging Markets Investment Trust Company Profile

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.