Shares of Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as GBX 171.40 ($2.29) and last traded at GBX 170 ($2.27), with a volume of 602710 shares. The stock had previously closed at GBX 169.80 ($2.27).
Templeton Emerging Markets Investment Trust Stock Down 0.1 %
The firm has a 50 day moving average price of GBX 161.71 and a 200-day moving average price of GBX 159.65. The firm has a market cap of £1.84 billion, a price-to-earnings ratio of 1,435.00 and a beta of 0.61. The company has a debt-to-equity ratio of 4.91, a current ratio of 1.47 and a quick ratio of 3.25.
About Templeton Emerging Markets Investment Trust
Templeton Emerging Markets Investment Trust plc is a closed-ended equity mutual fund launched and managed by Franklin Templeton International Services S.a.r l. The fund is co-managed by Franklin Templeton Investment Management Limited and Templeton Asset Management Ltd. It invests in the public equity markets of developing countries across the globe.
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