Templeton Emerging Mkts Invmt Tr TEMIT (LON:TEM) Share Price Crosses Above 50 Day Moving Average of $152.31

Templeton Emerging Mkts Invmt Tr TEMIT (LON:TEM) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 152.31 ($1.88) and traded as high as GBX 156.40 ($1.93). Templeton Emerging Mkts Invmt Tr TEMIT shares last traded at GBX 156.40 ($1.93), with a volume of 805,888 shares trading hands.

Templeton Emerging Mkts Invmt Tr TEMIT Price Performance

The business has a 50-day simple moving average of GBX 152.31 and a 200 day simple moving average of GBX 149.04. The stock has a market cap of £1.75 billion, a P/E ratio of 1,117.14 and a beta of 0.65. The company has a current ratio of 36.22, a quick ratio of 3.25 and a debt-to-equity ratio of 5.17.

Insider Activity

In other Templeton Emerging Mkts Invmt Tr TEMIT news, insider Angus Macpherson acquired 68,000 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were bought at an average cost of GBX 148 ($1.83) per share, with a total value of £100,640 ($124,308.30). 0.46% of the stock is owned by company insiders.

About Templeton Emerging Mkts Invmt Tr TEMIT

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.