Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-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 traded.
Templeton Emerging Markets Investment Trust Stock Performance
The business’s 50-day moving average price is GBX 171.57 and its 200-day moving average price is GBX 167.43. The stock has a market cap of £1.81 billion, a PE ratio of 13.90 and a beta of 0.61. The company has a current ratio of 1.47, a quick ratio of 3.25 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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