Shares of Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 171.37 ($2.22) and traded as high as GBX 176.60 ($2.29). Templeton Emerging Markets Investment Trust shares last traded at GBX 174.40 ($2.26), with a volume of 2,359,577 shares changing hands.
Templeton Emerging Markets Investment Trust Stock Down 0.7 %
The company has a debt-to-equity ratio of 4.91, a quick ratio of 3.25 and a current ratio of 1.47. The company has a market cap of £1.82 billion, a price-to-earnings ratio of 13.98 and a beta of 0.61. The business has a 50-day simple moving average of GBX 171.37 and a 200-day simple moving average of GBX 167.34.
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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