Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 207.50 ($2.81) and last traded at GBX 207.24 ($2.81), with a volume of 2914546 shares changing hands. The stock had previously closed at GBX 205.50 ($2.78).
Templeton Emerging Markets Investment Trust Stock Up 0.4%
The company has a debt-to-equity ratio of 4.91, a current ratio of 1.47 and a quick ratio of 3.25. The stock has a market capitalization of £2.03 billion, a P/E ratio of 1,450.32 and a beta of 0.61. The firm has a 50 day moving average of GBX 197.97 and a 200-day moving average of GBX 181.
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.
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