Templeton Emerging Markets Investment Trust plc (LON:TEM – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 225 ($3.02) and last traded at GBX 223.51 ($3.00), with a volume of 1025280 shares. The stock had previously closed at GBX 223.61 ($3.00).
Templeton Emerging Markets Investment Trust Stock Performance
The firm has a market capitalization of £2.17 billion, a P/E ratio of 1,553.04 and a beta of 0.61. The company’s 50 day moving average is GBX 206.25 and its 200-day moving average is GBX 186.77. The company has a quick ratio of 3.25, a current ratio of 1.47 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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