Templeton Emerging Mkts Invmt Tr TEMIT (LON:TEM) Sets New 12-Month High at $157.00

Templeton Emerging Mkts Invmt Tr TEMIT (LON:TEMGet Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 157 ($1.97) and last traded at GBX 155.83 ($1.96), with a volume of 345686 shares trading hands. The stock had previously closed at GBX 154.40 ($1.94).

Templeton Emerging Mkts Invmt Tr TEMIT Stock Performance

The company has a market cap of £1.74 billion, a price-to-earnings ratio of 1,105.71 and a beta of 0.65. The company has a debt-to-equity ratio of 5.17, a quick ratio of 3.25 and a current ratio of 36.22. The company has a fifty day moving average of GBX 150.40 and a two-hundred day moving average of GBX 148.38.

Insiders Place Their Bets

In related news, insider Angus Macpherson purchased 68,000 shares of the firm’s stock in a transaction on Monday, February 12th. The stock was purchased at an average cost of GBX 148 ($1.86) per share, with a total value of £100,640 ($126,336.93). Company insiders own 0.46% of the company’s stock.

Templeton Emerging Mkts Invmt Tr TEMIT Company Profile

(Get Free Report)

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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