Sarika Patel Buys 7,089 Shares of Templeton Emerging Markets Investment Trust plc (LON:TEM) Stock

Templeton Emerging Markets Investment Trust plc (LON:TEM) insider Sarika Patel acquired 7,089 shares of Templeton Emerging Markets Investment Trust stock in a transaction that occurred on Wednesday, April 9th. The stock was acquired at an average cost of GBX 154 ($2.00) per share, for a total transaction of £10,917.06 ($14,170.64).

Templeton Emerging Markets Investment Trust Price Performance

Shares of LON:TEM opened at GBX 156.84 ($2.04) on Friday. The firm has a 50 day simple moving average of GBX 170.51 and a 200 day simple moving average of GBX 168.12. The company has a market cap of £1.64 billion, a price-to-earnings ratio of 12.58 and a beta of 0.61. Templeton Emerging Markets Investment Trust plc has a one year low of GBX 148.20 ($1.92) and a one year high of GBX 179.21 ($2.33). The company has a debt-to-equity ratio of 4.91, a current ratio of 1.47 and a quick ratio of 3.25.

About Templeton Emerging Markets Investment Trust

Launched thirty years ago in June 1989, Templeton Emerging Markets Investment Trust PLC (“TEMIT”) is an investment trust that invests principally in emerging markets companies with the aim of delivering capital growth to shareholders over the long term. While the majority of the Company’s shareholders are based in the UK, shares are quoted on both the London and New Zealand Stock Exchanges.