Temple Bar (LON:TMPL) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Temple Bar (LON:TMPL) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 268.45 ($3.30) and traded as high as GBX 270 ($3.32). Temple Bar shares last traded at GBX 268.45 ($3.30), with a volume of 859,939 shares trading hands.

Temple Bar Trading Down 0.7 %

The company has a market cap of £764.29 million, a P/E ratio of 919.83 and a beta of 1.11. The business has a fifty day simple moving average of GBX 268.45 and a 200 day simple moving average of GBX 268.03. The company has a debt-to-equity ratio of 10.37, a quick ratio of 3.68 and a current ratio of 8.76.

Temple Bar Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 30th. Shareholders of record on Thursday, November 21st were issued a GBX 3 ($0.04) dividend. This represents a yield of 1.14%. The ex-dividend date of this dividend was Thursday, November 21st. This is an increase from Temple Bar’s previous dividend of $2.75. Temple Bar’s payout ratio is currently 3,448.28%.

About Temple Bar

Temple Bar’s investment objective is to provide investors with a growing income combined with growth in capital. It aims to meet this objective by investing primarily in UK equities, across different sectors, maintaining a balance of larger and smaller/medium-sized companies. The trust has a bias towards FTSE 350 companies.