Templeton Emerging Markets Investment Trust (LON:TEM) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Templeton Emerging Markets Investment Trust plc (LON:TEMGet Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 163.86 ($2.13) and traded as high as GBX 167.40 ($2.17). Templeton Emerging Markets Investment Trust shares last traded at GBX 166.60 ($2.16), with a volume of 2,228,504 shares traded.

Templeton Emerging Markets Investment Trust Trading Up 0.7 %

The company’s fifty day moving average price is GBX 164.10 and its two-hundred day moving average price is GBX 161.44. The company has a current ratio of 1.47, a quick ratio of 3.25 and a debt-to-equity ratio of 4.91. The firm has a market cap of £1.80 billion, a P/E ratio of 1,403.33 and a beta of 0.61.

About Templeton Emerging Markets Investment Trust

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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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