Templeton Emerging Mkts Invmt Tr TEMIT (LON:TEM) Reaches New 1-Year High at $157.20

Templeton Emerging Mkts Invmt Tr TEMIT (LON:TEM)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 157.20 ($1.97) and last traded at GBX 157.20 ($1.97), with a volume of 176716 shares changing hands. The stock had previously closed at GBX 156.40 ($1.96).

Templeton Emerging Mkts Invmt Tr TEMIT Stock Performance

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 firm has a market cap of £1.74 billion, a P/E ratio of 1,112.86 and a beta of 0.65. The firm’s fifty day moving average price is GBX 152.59 and its 200 day moving average price is GBX 149.22.

Insider Activity

In other Templeton Emerging Mkts Invmt Tr TEMIT news, insider Angus Macpherson purchased 68,000 shares of Templeton Emerging Mkts Invmt Tr TEMIT stock in a transaction dated Monday, February 12th. The stock was acquired at an average price of GBX 148 ($1.86) per share, for a total transaction of £100,640 ($126,416.28). Company insiders own 0.46% of the company’s stock.

Templeton Emerging Mkts Invmt Tr TEMIT Company Profile

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.