Templeton Emerging Markets Investment Trust’s (TEM) Buy Rating Reaffirmed at Jefferies Financial Group

Templeton Emerging Markets Investment Trust (LON:TEM)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Financial Group in a research report issued on Tuesday, London Stock Exchange reports.

Templeton Emerging Markets Investment Trust Stock Up 1.3%

Shares of TEM stock traded up GBX 4 during trading on Tuesday, reaching GBX 309.50. The company’s stock had a trading volume of 9,882,091 shares, compared to its average volume of 3,593,950. The company has a market cap of £2.61 billion, a price-to-earnings ratio of 3.99 and a beta of 0.99. Templeton Emerging Markets Investment Trust has a one year low of GBX 224.19 and a one year high of GBX 352. The business has a fifty day moving average price of GBX 323.13 and a 200-day moving average price of GBX 298.38. The company has a quick ratio of 3.25, a current ratio of 0.80 and a debt-to-equity ratio of 4.38.

Insider Transactions at Templeton Emerging Markets Investment Trust

In related news, insider Sarika Patel acquired 4,445 shares of the business’s stock in a transaction on Monday, September 14th. The stock was purchased at an average cost of GBX 323 per share, for a total transaction of £14,357.35. 0.05% of the stock is owned by company insiders.

Templeton Emerging Markets Investment Trust Company Profile

TEMIT is the UK’s original and largest emerging market investment trust delivering returns for shareholders since 1989. It offers shareholders access to a balanced and diversified portfolio of emerging markets companies with the aim of delivering capital growth over the long term. Shares are also quoted on New Zealand Stock Exchanges.